Oct 28 2006, 01:43 AM
QUOTE(leekk8 @ Oct 27 2006, 10:20 PM)
Yes, unit trust service charge is only applied when you buy it, but not when you sell it. So,
End of 2006 Sell
Sale value = 123391
Service charge = 0
Total amount = 123391
Net profit over 3 years = 23391
Annual returns = 7.797%
So, Public Growth Fund has average return, which is around 7-8% annually. For sure, this does not mean unit trust sure earn profit, as the fund may not give 11-12% return every year... If you want to invest in unit trust, must know about the risk level that you can bear with and which fund you should choose.
Anyway from 11-12% to 7.8% is a significant drop. I wonder those "average" unit trust whether they even make money at all compared to FD.End of 2006 Sell
Sale value = 123391
Service charge = 0
Total amount = 123391
Net profit over 3 years = 23391
Annual returns = 7.797%
So, Public Growth Fund has average return, which is around 7-8% annually. For sure, this does not mean unit trust sure earn profit, as the fund may not give 11-12% return every year... If you want to invest in unit trust, must know about the risk level that you can bear with and which fund you should choose.
This post has been edited by PowerDunk: Oct 28 2006, 01:53 AM
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