Source: MoneySense.Gov.Sg Not too sure of the terms used in your Benefit Illustration or your unit trust term sheet? Through the use of graphics, MoneySENSE will help you understand the different terms used in some of the financial statements/documents that consumers commonly encounter. In the first part of this new series, we show you how […]
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Benefits of investing in a unit trust
What are the benefits of investing in a unit trust? • Professional Management Unit trusts are managed by professional fund managers with expertise and experience in investments. They will monitor your investments on a day-to-day basis, and make decisions based on research and analytical tools that you may not have access to. • More Investment […]
What is a unit trust?
A unit trust (also known as a collective investment scheme) is a pool of money managed collectively by a fund manager. You invest in a unit trust by buying units in a trust. Your money will be pooled with that of other investors and invested in a portfolio of assets to achieve the investment objective […]