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Fundsupermart.com v7, DIY unit trust investing
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jkl1980
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 Sep 22 2014, 05:26 PM
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Getting Started
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All Sifu, First of all, pardon me for my knowledge on UT investment, as I'm just started to do some research now, As I search/compare the UT using iMoney , It showed such a great profit (refer to attachment below) Can anyone tell me how is that work ? I invest 20k and got almost 30k back after 1year ? Thats look too good to be real. I understand the risk is very high, that I might lose money as well. But I just dun understand how it actually come out with this figure. This post has been edited by jkl1980: Sep 22 2014, 05:27 PM Attached thumbnail(s)
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jkl1980
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Sep 22 2014, 05:40 PM
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Getting Started
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QUOTE(Pink Spider @ Sep 22 2014, 05:30 PM) First, go Google or ask Wikipedia, "what is unit trust?" UT is an investment, NOT a deposit. Investment can go + or -, there is no certainty that past performance can be replicated in the future. What is UT? To put it simply, the UT manager takes your money and invest in stocks of listed companies. Please do not assume that UT=guaranteed profit, u don't go jumping around and scream "scam!" if a fund that used to deliver +20%++ returns kaboom and plunge -30% after u buy in  And this iMoney calculation will mislead newbie investors  Ya, I understand the basic of the UT , what is it and how does it work. And I understand oso it could be - / + if I invest my money in. But is it real that in the past this UT (as shown in my previous attachment) has perform that well ? ~49% in return for one year ? |
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