TNG eWallet and Principal allows you to save for your retirement from as little as RM100. The PRS fund is offered in both Shariah and conventional fund.
) app. This allows TNG eWallet users to get started on their retirement savings from as little as RM100 and users get to choose to invest in either Shariah-compliant or conventional fund.empowers TNG eWallet users to save up for their retirement years in addition to their mandatory retirement savings. The funds are managed towards a particular targeted date year based on when the investor is expected to withdraw funds to support their retirement needs.
Meanwhile, Principal CEO of Malaysia and Global Shariah Munirah Khairuddin said, “We launched our Target Date Funds in 2022, and we are very excited to bring this into the TNG eWallet ecosystem. This innovative PRS solution is the first-of-its-kind in Malaysia and leverages on our global expertise in asset allocation.”
At the time of writing, Principal RetireEasy is listed with an estimated returns of 18.96% to 26.80%, while Principal Islamic RetireEasy is listed with an estimated returns of 15.40% to 21.52%.
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