Fund Investment Corner v3, Funds101
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 Jun 22 2022, 01:56 PM
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#1
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Senior Member
706 posts Joined: Sep 2012 
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Hi guys, is unit trust still a good investment tool in current market? Recently been approach by UOB and they are offering me their Great dragon and global fund tied with prudential, telling me their pass record of 7 to 10 percent return after deduct their fee.
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Jun 22 2022, 02:24 PM
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#2
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Senior Member
706 posts Joined: Sep 2012
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QUOTE(MUM @ Jun 22 2022, 02:03 PM) Currently starting unit trust investment NOW is definitely better than if started 2 yrs ago. They are offering fund spread out 3 years of DCA method, according to them the charges is 2.6percent of total fund and 1.5 percent of profit annually.Just not sure if starting now would be better than if starts 2 yrs later from now too. Just be aware of the sales charges when you buy from them. There are platforms that charged much less. Just do take note that: Past performance is not indicative of future performance.  Or should I set up FSM account and invest? |
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