30 Jan 2007 | Comments |
investment |
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What do I look for in a unit trust fund?
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What do I look for in a unit trust fund:
1. No up-front charges or service fees.
2. Remuneration to agent based on a certain percentage of the fund’s return which is realized through switching or repurchase.
3. No need to pay remuneration to agent/unit trust company if my investment is making a loss.
4. Provide easy online switching and repurchasing service so I don’t have to trouble the agent to meet me just for my signature!
As I know, there is no such unit trust fund in Malaysia. But I wish that it will be available soon in the future.
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