QUOTE(David_Yang @ Feb 23 2020, 11:14 AM)
The pure number is indeed meaningless.
You need to compare the interest of a CASA or FD with the OPR rate.
And you need to compare the performance of unit trusts that invest in stocks with the corresponding index. A unit trust that only loses 10% when the corresponding market loses 15% is a great performer. A unit trust that gains 15% when the market is 20% up is bad.
yep That's the concept of benchmark of each financial productYou need to compare the interest of a CASA or FD with the OPR rate.
And you need to compare the performance of unit trusts that invest in stocks with the corresponding index. A unit trust that only loses 10% when the corresponding market loses 15% is a great performer. A unit trust that gains 15% when the market is 20% up is bad.
Feb 23 2020, 06:09 PM

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