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Manulife Private Retirement Scheme (PRS)

  • A voluntary long term investment scheme that accumulates savings for a sustainable retirement 
  • Manulife PRS Series offers nine conventional & Shariah-compliant PRS funds
  • Start now with a regular savings plan

What is PRS?

  • A voluntary investment scheme initiated by the overnment to help Malaysians accumulate savings for a sustainable retirement income.
  • Aims to provide both employees and self-employed individuals with an additional avenue to save for their retirement.
  • Provides yearly individual tax relief of up to RM3,000 for investors (until 2025).

Who can invest in PRS?

Malaysians & foreigners

Age 18 and above

Employed or self employed

Also suitable for individuals who do not have a public mandatory retirement scheme

Why contribute to PRS?

Benefits for individuals

  • Supplements your retirement savings.
  • Flexibility to invest and switch between funds according to your risk appetite, investor profile and retirement needs.
  • A wide range of conventional and Shariah-compliant PRS funds to choose from.
  • Individual tax relief of up to RM3,000 per year (until 2025).
  • Conditional withdrawal options.
  • All Members (either self contribution or contribution by an employer on behalf of an employee) are eligible for free insurance coverage^.

^Terms & conditions apply

 

Benefits for employer

  • Attract and retain the right talents using Manulife PRS Series as an added benefit package.
  • Gain more with a customised vesting benefit for employees.
  • A convenient and secure online service platform for instant access to your account information and transactions.
  • A customised salary deduction system for easy management.
  • Contributions made on behalf of employees are tax deductible up to 19% of employees' remuneration.

 

Free insurance for Member^

Manulife PRS Asia-Pacific REIT Fund

  • Coverage of up to RM100,000 Group Term Life (GTL) insurance with Total and Permanent Disability.
  • GTL insurance is an insurance plan designed to provide insurance coverage to Members of Manulife PRS Asia-Pacific REIT Fund.
  • It provides coverage for Death and Total & Permanent Disability for the Members up to a maximum of RM100,000 per life.
  • The above information is for the purpose of informing Members only. The benefits described herein are subject to all the terms and conditions of the Master Policy, a copy of which can be viewed at the head office of Manulife Investment Management (M) Berhad.
  • Underwritten by Manulife Insurance Berhad 200801013654 (814942-M).
 

Manulife Shariah PRS-Global REIT Fund and Manulife Shariah PRS-Golden Asia Fund

  • Coverage of up to RM3 million Group Personal Accident (GPA) Takaful.
  • GPA takaful is a takaful plan designed to provide takaful coverage to Members of Manulife Shariah PRS-Global REIT Fund and Manulife Shariah PRS-Golden Asia Fund.
  • It provides compensation for Members up to a maximum of RM3 million per life, in the event of injuries, disability or death caused solely by violent, accidental, external and visible events.
  • The above information is for the purpose of informing Members only. The benefits described herein are subject to all the terms and conditions of the Master Policy, a copy of which can be viewed at the head office of Manulife Investment Management (M) Berhad.
  • Underwritten by Zurich General Takaful Malaysia Berhad 201701045981 (1260157-U).

^Terms & conditions apply

Start now with a regular savings plan (RSP)

Benefits of RSP

  • Allows you to make full use of the power of compounding. Compounding is the ability of an asset to generate earnings, which is then reinvested in order to generate its own earnings. In layman’s terms, compounding refers to generating earnings from previous earnings.
  • The longer you let compounding work, the larger the amount you will have in the end. Start now by taking the first step to spend less than what you earn and invest the rest through a regular savings plan.
  • This plan makes full use of the dollar cost averaging (DCA) investment strategy. DCA means investing an equal amount of money on a regular basis such as monthly, quarterly or half-yearly.
  • By practicing a disciplined regular investment contribution, an investor is able to average out the cost of investment through buying more units when the price is low and fewer when the price is high.

Manulife PRS NESTEGG Series

Core funds

 
Manulife PRS - Growth Fund
Manulife PRS - Moderate Fund
Manulife PRS - Conservative Fund

Fund category

Core (Growth)

Core (Moderate)

Core (Conservative)

Investment objective

The Fund aims to facilitate
accumulation of retirement
savings* by providing capital
growth over the long-term.
The Fund aims to facilitate
accumulation of retirement
savings* through a combination
of income** and capital growth
over the long-term.
The Fund aims to provide steady
returns whilst preserving*
capital.

Asset allocation

  • Maximum 95% of the Fund’s
    NAV will be invested in
    equities, equity-related
    securities and/or REITs (via
    collective investment
    schemes); and
  • At least 5% of the Fund’s
    NAV will be invested in fixed
    income instruments such as
    bonds, money market
    instruments and deposits
    with financial institutions.
  • Maximum 65% of the Fund’s
    NAV will be invested in
    equities, equity-related
    securities and/or REITs (via
    collective investment
    schemes); and
  • At least 35% of the Fund’s
    NAV will be invested in fixed
    income instruments such as
    bonds, money market
    instruments and deposits
    with financial institutions.
  • Maximum 35% of the Fund’s
    NAV will be invested in
    equities, equity-related
    securities and/or REITs (via
    collective investment
    schemes); and
  • At least 65% of the Fund’s
    NAV will be invested in fixed
    income instruments such as
    bonds, money market
    instruments and deposits
    with financial institutions.

Member's profile

The Fund is suitable for
Members who:

  • have a moderate to high risk
    appetite;
  • seek capital appreciation on
    their contributions;
  • seek an additional retirement
    savings* scheme other than
    mandatory retirement
    scheme;
  • are not statutorily obliged to
    contribute to mandatory
    retirement scheme; and/or
  • are employers who wish to
    contribute on behalf of
    their employees having the
    aforesaid characteristics.

 

The Fund is suitable for
Members who:

  • have a moderate risk
    appetite;
  • seek capital appreciation on
    and distribution of Units from
    their contributions;
  • seek an additional retirement
    savings* scheme other than
    mandatory retirement scheme;
  • are not statutorily obliged to
    contribute to mandatory
    retirement scheme; and/or
  • are employers who wish to
    contribute on behalf of
    their employees having the
    aforesaid characteristics.

 

The Fund is suitable for
Members who:

  • have a low risk appetite;
  • seek regular distribution of
    Units from their contributions;
  • seek an additional retirement
    savings* scheme other than
    mandatory retirement scheme;
  • are not statutorily obliged to
    contribute to mandatory
    retirement scheme; and/or
  • are employers who wish to
    contribute on behalf of
    their employees having the
    aforesaid characteristics.

 

Default option: age at time of contribution

Below 45 years of age 45 to below 55 years of age

55 years of age and above

*Please note that this Fund is neither capital guaranteed nor capital protected; therefore, a Member's capitial is neither guaranteed nor protected.

** Income declared will be reinvested in the form of additional Units issued to Members.

Manulife Shariah PRS NESTEGG Series

Core funds

 
Manulife Shariah PRS-
Growth Fund
Manulife Shariah PRS-Moderate Fund
Manulife Shariah PRS-Conservative Fund

Fund category

Core (Growth) Core (Moderate) Core (Conservative)

Investment objective

The Fund aims to facilitate
accumulation of retirement
savings* by providing capital
growth over the long-term.
The Fund aims to facilitate
accumulation of retirement
savings* through a combination
of income** and capital growth
over the long-term.
The Fund aims to provide steady
returns whilst preserving* capital.

Asset allocation

  • Maximum 95% of the Fund’s
    NAV will be invested in
    Shariah-compliant equities,
    Shariah-compliant
    equity-related securities
    and/or Islamic REITs (via
    Islamic collective investment
    schemes); and
  • At least 5% of the Fund’s
    NAV will be invested in
    sukuk, Islamic money market
    instruments and/or Islamic
    deposits with financial
    institutions.
  • Maximum 65% of the Fund’s
    NAV will be invested in
    Shariah-compliant equities,
    Shariah-compliant
    equity-related securities and/or Islamic REITs (via
    Islamic collective investment
    schemes); and
  • At least 35% of the Fund’s
    NAV will be invested in
    sukuk, Islamic money market
    instruments and/or Islamic
    deposits with financial
    institutions.
  • Maximum 35% of the Fund’s
    NAV will be invested in
    Shariah-compliant equities,
    Shariah-compliant
    equity-related securities
    and/or Islamic REITs (via
    Islamic collective investment
    schemes); and
  • At least 65% of the Fund’s
    NAV will be invested in sukuk,
    Islamic money market
    instruments and/or Islamic
    deposits with financial
    institutions.

Member's profile

The Fund is suitable for
Members who:

  • have a moderate to high
    risk appetite;
  • seek capital appreciation
    on their contributions;
  • seek an additional retirement
    savings* scheme other than
    mandatory retirement
    scheme;
  • are not statutorily obliged
    to contribute to mandatory
    retirement scheme;
  • are employers who wish
    to contribute on behalf of
    their employees having the
    aforesaid characteristics; and/or
  • seek to invest in a
    Shariah-compliant investment.

The Fund is suitable for
Members who:

  • have a moderate risk
    appetite;
  • seek capital appreciation on
    and distribution of Units from
    their contributions;
  • seek an additional retirement
    savings* scheme other than
    mandatory retirement
    scheme;
  • are not statutorily obliged
    to contribute to mandatory
    retirement scheme;
  • are employers who wish to
    contribute on behalf of their
    employees having the
    aforesaid characteristics; and/or
  • seek to invest in a
    Shariah-compliant
    investment

The Fund is suitable for
Members who:

  • have a low risk appetite;
  • seek regular distribution of
    Units from their contributions;
  • seek an additional retirement
    savings* scheme other than
    mandatory retirement
    scheme;
  • are not statutorily obliged to contribute to mandatory
    retirement scheme; 
  • are employers who wish to
    contribute on behalf of their
    employees having the
    aforesaid characteristics;
    and/or
  • seek to invest in a
    Shariah-compliant investment

Default option: age at time of contribution

Below 45 years of age 45 to below 55 years of age 55 years of age and above

 

*Please note that this Fund is neither capital guaranteed nor capital protected; therefore, a Member's capitial is neither guaranteed nor protected.

** Income declared will be reinvested in the form of additional Units issued to Members.

 


 
Manulife PRS NESTEGG
Series:
Non-core fund
Manulife PRS Asia-Pacific
REIT Fund
Manulife Shariah
PRS NESTEGG Series:
Non-core fund
Manulife Shariah
PRS-Global REIT Fund
Manulife Shariah
PRS NESTEGG Series:
Non-core fund
Manulife Shariah
PRS-Golden Asia Fund

Fund category

Feeder Fund (REITS)

Feeder Fund (Islamic REITS)

Fund-of-Funds (Islamic)

Investment objective

The Fund aims to provide
long-term capital appreciation
and sustainable income** by
investing in one collective
investment scheme, which
invests mainly in REITs.

The Fund aims to provide
regular income** and capital
appreciation by investing in
one Islamic collective
investment scheme, which
invests mainly in Islamic
REITs.
The Fund aims to achieve
capital appreciation by
investing in a portfolio of
Islamic collective investment
schemes.

Asset allocation

  •  At least 95% of the Fund’s
    NAV will be invested in the
    Target Fund; and
  • Balance of the Fund's NAV
    will be invested in liquid
    assets such as money
    market instruments
    (including fixed income
    securities which have
    remaining maturity period
    of not more than 365 days)
    and placement of deposits
    with financial institutions for
    liquidity purposes.
  • At least 95% of the Fund’s NAV
    will be invested in the
    Target Fund; and
  • Balance of the Fund's NAV
    will be invested in Islamic
    liquid assets such as Islamic
    money market instruments
    and placement of Islamic
    deposits with financial
    institutions
    for liquidity purposes.
  • Minimum 95% of the Fund’s
    NAV will be invested in a
    portfolio of Islamic collective
    investment schemes; and
  • The remaining NAV of the
    Fund will be invested in
    Islamic liquid assets such as
    cash, Islamic money market
    instruments, general
    investment accounts and/or
    Islamic deposits with
    financial institutions for
    liquidity purposes.

Member's profile

The Fund is suitable for
Members who:

  • seek investment exposure
    mainly through
    a diversified portfolio of
    REITs within the Asia-Pacific
    region;
  • seek a sustainable
    distribution of Units
    and long-term capital
    growth on their
    contributions;
  • seek an additional
    retirement savings* scheme
    other than mandatory
    retirement scheme;
  • are not statutorily obliged
    to contribute
    to mandatory retirement
    scheme; and/or
  • are employers who wish
    to contribute on behalf of their
    employees having the
    aforesaid characteristics.
The Fund is suitable for
Members who:
  • seek investment exposure
    mainly through a diversified
    portfolio of REITs globally;
  • seek a sustainable
    distribution of Units
    and potential capital growth
    on their contributions over
    medium to long-term
    (means the period of three(3) to five (5 years);
  • seek an additional
    retirement savings* scheme
    other than mandatory
    retirement scheme;
  • are not statutorily obliged to
    contribute to mandatory
    retirement scheme;
  • are employers who wish to
    contribute on behalf of their
    employees having the
    aforesaid characteristics;
    and/or
  • seek to invest in a
    Shariah-compliant
    investment.

The Fund is suitable for
Members who:

  • seek capital appreciation
    with investment focus in
    China and India market;
  • have a long-term investment
    horizon;
  • seek an additional
    retirement savings* scheme
    other than mandatory
    retirement scheme;
  • are not statutorily obliged to
    contribute to mandatory
    retirement scheme;
  • are employers who wish to
    contribute on behalf of their
    employees having the
    aforesaid characteristics;
    and/or
  • seek to invest in a
    Shariah-compliant
    investment.

Default option: age at
time of contribution

Not applicable Not applicable Not applicable

*Please note that this Fund is neither capital guaran teed nor capital protected; therefore, a Member's capitial is neither guaranteed nor protected.

** Income declared will be reinvested in the form of additional Units issued to Members.

 

Learn more about Manulife PRS:  Download fund brochure

Active senior couple walking on the beach

Globally we are a major retirement provider

Active senior couple walking on the beach

Globally we are a major retirement provider

Canada

Group retirement solutions

   C$88.1 billion

   15,700

   2.1 million

#2 Group plans, by AUMA1

#2 DC plans, by sales2,3

 

Hong Kong

MPF & ORSO

   US$41.3 billion

  172,600

  2.1 million

#1 MPF market, by AUMA6

#1 MPF market, by net cash flows6

 

United States

Retirement plan services

  US$223.7 billion4

  53,000

   3.2 million

#2 Small case DC plans, by AUMA5

#1 Small case DC plans, by plans5

#3 Small & mid case DC plans, by sales5

 

 

Indonesia

Pension funds

   US$1.7 billion

   4,200

   0.7 million

#2 DC plans, by AUMA7

 

 Assets under management and administration (AUMA)         

 No. of retirement plans     

 Members enrolled

 

AUMA, Plan and Member Data as of Q2 2021

Footnotes: 1. Based on 2020 data, for capital accumulation plans; Source: 2020 Fraser Group Universe Pension Report. 2. Q1 2021 data; Source: LIMRA. 3. Includes all DC plan business. 4. US Retirement assets include New York Life US Retirement business acquired in April 2015. 5. Small & Mid Size market includes all plans with less than US$50 million in assets; Source (by plans and sales): LIMRA 401kScorecard Q1 2021, Source (by AUMA): Plan Sponsor Magazine Recordkeeper Survey, data as of December 31, 2020. 6. Gadbury Group MPF Market Shares Report as of Q1 2021. 7. Source: DPLK Association’s market rank by AUMA as of Dec 2019; Market rank by sales or cash flows is unavailable.

 

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