What to watch out when Investing in Unit Trust
Some Basic guidelines when you have decided to Invest.
Im a investor and also Unit Trust Consultant so my advise would be following :-
1. Which company we’re investing ?
2. Which fund you will be selecting, look at the service charge.
3. What is NAV and buying price for each unit.
4. Is there any Dividen declared after financial year?
5. Is the Fund Manager’s conservative ?
6. What are the services provided by the Unit trust consultant?
7. What are the ways to mitigate risk involved ?
8. How is the other fund performance ? Look at the quaterly fund review. Compare the returns with FD/Inflation rate & KWSP.
Important : Assess your risk profile & identify them accordingly.
Secondly what is your objective for investment , why you need to invest ? Is it for old age, for children education, to buy house or etc. One need to identify the risk profile accordingly. When there is some profit making , decide what need to do ? You might want to lock the profits to secure the investment.
