Dec 2 2011, 02:17 PM
QUOTE(greddym3 @ Dec 1 2011, 11:41 PM)
it's actually same.both pay out but for unit trust you dont get the money.it will be reinvested back by alloting more units to you
source:I'm a CIMB unit trust consultant
source:I'm a CIMB unit trust consultant
QUOTE(hyzam1212 @ Dec 2 2011, 10:17 AM)
What you guys think if a unit trust consultant says, You don't worry, I will give you at least 10% dividend every year but dont ask how...Is it too good to be true in a roller coaster world of economy nowadays? I myself planning to put my money for at least 5-10 years if I do invest in a unit trust
I would say, please get lost. Do not invest your hard earned money, especially with someone that not willing to explain properly.
Even above that so called Consultant also not telling the truth.
Unit trust if declare distribution, they can in the form of cash. There is no mandatory that distribution must be reinvested back.
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