Nov 9 2020, 12:04 PM
QUOTE(Cyclopes @ Oct 24 2020, 06:55 PM)
Conceptually, a trust company’s first priority is the management of the trust. By comparison, a unit trust company's priority is achieving the best return for your portfolio.
If you’re out to grow your wealth, unit trust or other investment based company may be best suited for it.
If you’re looking to set up future generations and maintain the wealth you already have, a trust company may be a good fit.
I agree to this post. If you’re out to grow your wealth, unit trust or other investment based company may be best suited for it.
If you’re looking to set up future generations and maintain the wealth you already have, a trust company may be a good fit.
In my opinion, if there is an investment scheme involved, we investors are entitled to know the investment portfolio as least where our cash is going to.. Such as a proper unit trust management company providing us prospectus or also fund reports for us to review/ refer..
A trust company could not actually publish all these information officially seems a bit sketchy to me as to the legality of the whole process.. I believe they would not post any of the return/dividend rates at their main web page as they are not an actual fund management company, without a proper license to run an investment scheme. Ubb main web page never seem to mentioned any investment plan clearly, only the requirements to enter the cash trust scheme. So in the end, is it right to take the trust money and invest privately and promising a projected return at the background?
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