30 Jan 2007 | 5 comments | investment | Comments feed
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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5 comments
Trackbacks
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Add your own comment.
Would you recommend us to invest in oversea unit trust fund that fulfills all criteria above (such as Vanguard) ??
Relax - 13 Aug 07 at 3:05 am
If you are in oversea, there are more choices for you. I didn’t research oversea funds. If you can find mutual funds with lower service charges, it is worth to invest.
kclau - 13 Aug 07 at 12:40 pm
I think for now oversea funds are not performing as bullish as Malaysian funds.
Investing in oversea fund can be risky considering the fluctuation of currency exchange. Such fluctuation itself is enough to kill the basic objective of investing in mutual fund, so I think it is not worth it, unless the performance of that oversea fund is very very good.
Relax - 13 Aug 07 at 2:09 pm