Unit Trust
Looking for alternative to savings amid soaring costs of living aka inflation? Looking for something different from retirement scheme? Look no further than unit trust investment.
What is Unit Trust?
Unit trust is a collective investment scheme that allows investors with similar investment objectives to pool their money together which is then invested in a portfolio of assets managed by investment professionals.
Classification of Unit Trust
- Asset Classes like equity fund, fixed income fund and money market fund.
- Geographical. Regional funds like Europe and Asia funds. Single country funds like China and Malaysia funds.
- Sectors like technology and healthcare funds.
Why Invest in Unit Trust?
- Professional Investment Management. Unit trust funds are managed by professionals and licensed fund managers with skills, experiences and resources.
- Portfolio Diversification. Diversification limit exposure to any single asset or risk. "Don't put all your eggs in one basket"
- Asset Liquidity. There is an ease in selling and buying units as compared with direct stock trading.
- Affordability. Initial and subsequent contribution from RM1000 and RM100 respectively.