Author Topic: Lost money in unit trust....  (Read 139916 times)

Offline Lotus48

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Re: Lost money in unit trust....
« Reply #100 on: February 08, 2014, 04:32:40 PM »

Generally, 9 out of 10 lost their $ in unit trust. Let's say you take your EPF to buy and park it there for 10 years, when compared, EPF still pays higher dividend.  Kisah benar from a close relative who invested in Public Mutual and has since withdrawn.

Their fund managers are very very highly paid.   

Plse analyse why you lose money in unit trust, i think there is 3 main factors

1. high management fees, you are already 5 to 8% down when u purchase unit trust

2. unit trust works like share market, when market is high and good, index at record high, your purchase price is high too (for existing unit trust), when market down, your share down too.

3. type of unit trust investment, high growth, emerging market share, bonds or currency etc. high risk high return. read the prospectus and track record before investing

Offline Dorky

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Re: Lost money in unit trust....
« Reply #101 on: February 08, 2014, 04:43:51 PM »
Someone from the unit trust claimed himself as a fund manager "managing" over 6 millions.
A true fund manager managing over 6 millions would be a lousy fund manager.
Later I learned anyone having sold unit trusts to customers are deemed a fund manager in the unit trust industry.
These people are no fund manager.
A fund manager does not participate in selling unit trust.
A fund manager participates in rigorous fundamental analysis, economic analysis, portfolio management (the real stuff, not simply having a few customers in your name is to be considered), etc.
Buy, sell, up, down, gain, gain.

Offline Twim

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Re: Lost money in unit trust....
« Reply #102 on: February 08, 2014, 04:50:24 PM »
sexy unit trust sales gal: aiya, lei hou sui ker lek, no sign on my skirt, sign on my sheer panty okay...

ikan besar: walao, like that also can ah? Okay okay...

ikan besar proceed to sign on the sheer panty of a 60 years old auntie.
:thumbsup: :thumbsup: :thumbsup:
And then lose money fr epf bcos of the unit trust under the madoff scheme...call the aunty but a man answers n scolds mr ikan besar...poor ikan besar retire already but got less epf leow. Luckily umwog make up for the loses fr panty signing...chan koo see translation "kisah benar".

Online iiinvestsmart

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Re: Lost money in unit trust....
« Reply #103 on: February 08, 2014, 05:27:44 PM »
Someone from the unit trust claimed himself as a fund manager "managing" over 6 millions.
A true fund manager managing over 6 millions would be a lousy fund manager.
Later I learned anyone having sold unit trusts to customers are deemed a fund manager in the unit trust industry.
These people are no fund manager.
A fund manager does not participate in selling unit trust.
A fund manager participates in rigorous fundamental analysis, economic analysis, portfolio management (the real stuff, not simply having a few customers in your name is to be considered), etc.


I have seen the career of a young man developing in this industry.
He has risen to the manager level.
His role is in teaching and educating the people who are going to sell these unit trusts.
These people who sell these unit trusts then has to implement these knowledge into practice.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline ikan besar

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Re: Lost money in unit trust....
« Reply #104 on: February 08, 2014, 05:42:38 PM »
sexy unit trust sales gal: buy la, ikan gor-gor, buy la...

ikan besar: ok, ok, where to sign? on your skirt?

 :)


 :giggle: :giggle: :giggle: :giggle: :giggle: :giggle: :giggle: :giggle: :giggle:

no more unit trust

sometimes win sometimes lose
biasa lah

Offline Name Change

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Re: Lost money in unit trust....
« Reply #105 on: February 08, 2014, 05:45:08 PM »
sexy unit trust sales gal: aiya, lei hou sui ker lek, no sign on my skirt, sign on my sheer panty okay...

ikan besar: walao, like that also can ah? Okay okay...

ikan besar proceed to sign on the sheer panty of a 60 80 ++ years old auntie.
I am the REAL 8th richest man in Investlah at 8:28pm on 8/3/2014.

All others are impostors and are making fake claims

Offline ikan besar

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Re: Lost money in unit trust....
« Reply #106 on: February 08, 2014, 05:48:18 PM »



 :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D

many jealous Ah Pek

dont lah be like this

sharing is caring  , jangan sikit sikit marah
sometimes win sometimes lose
biasa lah

Offline Valuechaser

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Re: Lost money in unit trust....
« Reply #107 on: February 08, 2014, 06:04:46 PM »
Balang ini manyak tipu,
once u bot it, all your cash stuck.

Better use hard earn money to buy some consumer stock....
and keep for long term.
If bot those diver c fried  Unit trust, mostly kena con,,,,

Offline cashflow technology

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Re: Lost money in unit trust....
« Reply #108 on: February 08, 2014, 06:26:20 PM »
Balang ini manyak tipu,
once u bot it, all your cash stuck.

Better use hard earn money to buy some consumer stock....
and keep for long term.
If bot those diver c fried  Unit trust, mostly kena con,,,,

I concur 100%. Unit trust sucks. :thumbsdown:

Offline rob2001al2001

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Re: Lost money in unit trust....
« Reply #109 on: June 09, 2014, 06:49:05 PM »
I had my fair share of stupid investments with PM. Did the so called cost averaging, for the last 4 years...also with far east and china funds... at the end of 6 year its all paper lost., nearly 30k.  :sweat:

Offline rob2001al2001

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Re: Lost money in unit trust....
« Reply #110 on: June 09, 2014, 06:52:23 PM »
one find day when I just stroll in the public mutual office and asked the lady at the counter, she gave me that sneeky smile... saying ' many ppl has since left the PM, and gone back to epf' .Hmmm...

Offline KLSE LOSSER

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Re: Lost money in unit trust....
« Reply #111 on: June 09, 2014, 09:15:59 PM »
Pm china and fareast fund are not doing well in past few years... recommend u go or switch to local market funds.. at least u know wat is happening in market... and how the performance compare to our klci...
So far my pm unit trust is doing ok ok.

Offline onghinghuat

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Re: Lost money in unit trust....
« Reply #112 on: July 30, 2014, 05:59:51 PM »
100% agreed Public Bank Unit Trust Agent **** :thumbsdown:

Offline onghinghuat

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Re: Lost money in unit trust....
« Reply #113 on: July 30, 2014, 06:01:23 PM »
unit trust consultant just want  :thumbsdown:commission

Offline jeff_limsy

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Re: Lost money in unit trust....
« Reply #114 on: December 17, 2014, 09:47:01 AM »
Hi all you there, Just for your infomation only, You need to be carefully especially MAAKL MUTUAL BERHAD (MANULIFE). They (UTC) were allowed to practise switch between funds to collect the dividend. When dividend collected then switching to other fund to collect the dividend so the dividend payout of a fund will dilute the fund price (switching will cost the investors).

FIMM also said it is allowed as it will avoid the timing risk. I am really speechless and I think they have lacked at all.

They (UTC) also recommended anyone buying "unapproved product". You will be the next victim so.. FIMM, Securities commission and MAAKL MUTUAL BERHAD (MANULIFE) said not responsible at all. SO Carefully ya.. OK


 :thumbsdown: :thumbsdown: :thumbsdown: :thumbsdown: :thumbsdown: :thumbsdown:

Offline situations_special

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Re: Lost money in unit trust....
« Reply #115 on: December 17, 2014, 11:59:25 AM »
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


Malaysia unit trust fund manager has no standard in investing strategy. Be careful.

I have all my retirement fund invested with JP Morgan, Goldman Sachs in Hong Kong. Good performance compare to all local funds. ;)

Online DR KIM

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Re: Lost money in unit trust....
« Reply #116 on: December 17, 2014, 12:00:56 PM »

Online king

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Re: Lost money in unit trust....
« Reply #117 on: December 17, 2014, 12:03:34 PM »
Malaysia unit trust fund manager has no standard in investing strategy. Be careful.

I have all my retirement fund invested with JP Morgan, Goldman Sachs in Hong Kong. Good performance compare to all local funds. ;)



ORANG PUTIH TADA TIPU ??

Online iiinvestsmart

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Re: Lost money in unit trust....
« Reply #118 on: December 17, 2014, 12:04:29 PM »
Malaysia unit trust fund manager has no standard in investing strategy. Be careful.

I have all my retirement fund invested with JP Morgan, Goldman Sachs in Hong Kong. Good performance compare to all local funds. ;)



 :D
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline rob2001al2001

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Re: Lost money in unit trust....
« Reply #119 on: September 30, 2015, 05:35:00 PM »
Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.

Online king

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Re: Lost money in unit trust....
« Reply #120 on: September 30, 2015, 05:40:02 PM »
Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.

TRUST YOURSELF BETTER, BRO

Offline Richard188

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Re: Lost money in unit trust....
« Reply #121 on: September 30, 2015, 05:46:24 PM »
Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.

WHICH FUNDS ?

PUBLIC far-east balanced funds ? 
:hi:

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Offline boyish - boyboy

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Re: Lost money in unit trust....
« Reply #122 on: September 30, 2015, 05:59:46 PM »
I won money from these funds....>

1. Public Index Fund - Good
2. Public Growth Fund - Good
3. Public Industry Fund - OK
4. Public Saving Fund - Good

All also win big money and I just sit down and goyang kaki....

 :D :D :D

Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.
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Offline boyish - boyboy

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Re: Lost money in unit trust....
« Reply #123 on: September 30, 2015, 06:00:35 PM »
My fund manager helps me to manage my money

 :D :D

I won money from these funds....>

1. Public Index Fund - Good
2. Public Growth Fund - Good
3. Public Industry Fund - OK
4. Public Saving Fund - Good

All also win big money and I just sit down and goyang kaki....

 :D :D :D
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Offline boyish - boyboy

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Re: Lost money in unit trust....
« Reply #124 on: September 30, 2015, 06:02:55 PM »
Don't say like that and see the risk of the fund....

Some funds very stable one....
I put lot of money to Index fund.....

 :D :D


Public mutual itself is the biggest con man. I also lost abt 30k investing in far east funds around 2009. So sick, till today not recovered yet and all the money tied down there.
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Offline master wahsing

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Re: Lost money in unit trust....
« Reply #125 on: September 30, 2015, 06:06:44 PM »
buying unit trust fund, you need someone who can convert your less profitt fund to other more profit fund when there is chance.

so good unit trust consultant is needed when buying unit trust.

can not just wait for fund to grow!

Online Oly Shyte

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Re: Lost money in unit trust....
« Reply #126 on: September 30, 2015, 06:09:03 PM »
buying unit trust fund, you need someone who can convert your less profitt fund to other more profit fund when there is chance.

so good unit trust consultant is needed when buying unit trust.

can not just wait for fund to grow!
Unit trust? Junk investment!  :D
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Offline boyish - boyboy

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Re: Lost money in unit trust....
« Reply #127 on: September 30, 2015, 06:11:08 PM »
Far east fund is a new fund....

My funds bought from year 1998 and now managed by my own after take over from my father....
My father bought that time was...> KL Index Fund, KL Growth Fund, KL Industry Fund, KL Savings Fund....

More than 16 years my funds all earn money....sit down and eat money from KL mutual then Public Mutual

So don't just said Public Mutual con you money

 :) :) :)

WHICH FUNDS ?

PUBLIC far-east balanced funds ?
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Offline master wahsing

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Re: Lost money in unit trust....
« Reply #128 on: September 30, 2015, 06:13:52 PM »
you must not criticize unit trust..becos you do not know the inside of the game.
some good fund manager can make your fund profitable.!!

Offline boyish - boyboy

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Re: Lost money in unit trust....
« Reply #129 on: September 30, 2015, 06:16:55 PM »
Correct my fund manager okay....
He helps many directors, senior managers, businessman who lack of time to watch share market to earn money....

 :)

you must not criticize unit trust..becos you do not know the inside of the game.
some good fund manager can make your fund profitable.!!
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Offline kittima

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Re: Lost money in unit trust....
« Reply #130 on: September 30, 2015, 06:34:49 PM »
Far east fund is a new fund....

My funds bought from year 1998 and now managed by my own after take over from my father....
My father bought that time was...> KL Index Fund, KL Growth Fund, KL Industry Fund, KL Savings Fund....

More than 16 years my funds all earn money....sit down and eat money from KL mutual then Public Mutual

So don't just said Public Mutual con you money

 :) :) :)

It is all about timing as well, if you have Public Bank, Nestle, GAB all those share since 1998 and didn't touch it until now, you will be goyang kaki, goyang tangan, goyang kepala, goyang seluruh badan....  :D

Online Ļaughing Ģor

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Re: Lost money in unit trust....
« Reply #131 on: September 30, 2015, 06:38:41 PM »
My advice is always follow Li Ka Shing.
The entire Hutchison whampoa group and cheung kong holdings pulling out of china and hk to invest in Europe, particularly U.K.
Therefore if you still put your money in far east, you are like throwing away you money.
If you can, follow Li Ka Shing and park your funds in England.
Don't tick kee, people doint become Asias richest man for no reason.
Can someone to give me a Loan and then leave me Alone?

Offline kittima

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Re: Lost money in unit trust....
« Reply #132 on: September 30, 2015, 06:49:57 PM »
My advice is always follow Li Ka Shing.
The entire Hutchison whampoa group and cheung kong holdings pulling out of china and hk to invest in Europe, particularly U.K.
Therefore if you still put your money in far east, you are like throwing away you money.
If you can, follow Li Ka Shing and park your funds in England.
Don't tick kee, people doint become Asias richest man for no reason.

For people with low net-worth like me have very less choice to put the fund in U.K. lo.......take out RM1k want to invest change change not even can get 200pound, how to invest in U.K. ley  :'(

Online iiinvestsmart

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Re: Lost money in unit trust....
« Reply #133 on: September 30, 2015, 06:55:34 PM »
It is all about timing as well, if you have Public Bank, Nestle, GAB all those share since 1998 and didn't touch it until now, you will be goyang kaki, goyang tangan, goyang kepala, goyang seluruh badan....  :D



Yes

 :thumbsup:
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline Richard188

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Re: Lost money in unit trust....
« Reply #134 on: September 30, 2015, 07:06:22 PM »
Don't say like that and see the risk of the fund....

Some funds very stable one....
I put lot of money to Index fund.....

 :D :D

i also earn money from public far east dividend fund.  :clap: :clap: :thumbsup: :thumbsup: :cash: :cash: :cash: :cash:
:hi:

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Offline KLSE LOSSER

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Re: Lost money in unit trust....
« Reply #135 on: September 30, 2015, 11:40:53 PM »
So far my local fund is doing good...im not dare to touch foreign fund... like my infdo select fund... die straight  straight

Offline The-Keyman

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Re: Lost money in unit trust....
« Reply #136 on: September 30, 2015, 11:48:22 PM »
So R...I...P... to heard people lose their money at unit trust  :'(

So sorry to say that I didn't trust any unit trust because I have serviced " One of the Famous Trustee " firm before during Asian Financial Crisis

I know how they are darely to perform their duties....

You & me also can be " Fund Manager " or  " Traders "...

Your money must learn how to manage unless you are tycoon just " Deploy " the expert as your personal consultant to manage the wealth fund, otherwise like us, better trust yourself, learn yourself, explore yourself...

 :handshake:
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Offline boyish - boyboy

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Re: Lost money in unit trust....
« Reply #137 on: October 01, 2015, 11:40:35 AM »
You laugh --then your own EPF

 :D :D :D

Unit trust? Junk investment!  :D
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Offline rollsroyce89

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Re: Lost money in unit trust....
« Reply #138 on: April 20, 2016, 09:51:57 PM »
Mutual Fund is safe. slow & steady..or sikit2 jadi bukit.
as good as EPF in the long term if U buy regularly
my rm2k parked at Pacific Mutual is now more than 7k,but my direct investment at KLSE hit almost zero many times.

That is why always know which fund you are purchasing. It's what we called "Confirm the fund at your own decision." Some funds lose money but people tend to challenge it. Some funds are stable for so many years, not everything has to be the fund manager's issue though.

Online DR KIM

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Re: Lost money in unit trust....
« Reply #139 on: June 29, 2016, 12:50:39 AM »
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:

PRGGGHHHHHHHHH.....
why ask other to invest for  you , then worst still - making loss  :D :D ;)

Offline zigzag

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Re: Lost money in unit trust....
« Reply #140 on: June 29, 2016, 01:04:04 AM »
PRGGGHHHHHHHHH.....
why ask other to invest for  you , then worst still - making loss  :D :D ;)

DR KIM mid night also laughing at ppl  :speechless:
When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

It is dangerous to have a naive mindset, it may cause serious faults in decision making.

Offline kittima

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Re: Lost money in unit trust....
« Reply #141 on: June 29, 2016, 09:39:41 PM »
Upfront fee of 6%, prghhhhhh.......b4 you invest, you loss 6% at head start first.....  :D

Offline JokerMing

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Re: Lost money in unit trust....
« Reply #142 on: August 30, 2017, 10:54:11 PM »
Just to share with everyone my wife park saving with Public Mutual and into Far East funds. It drop maximum more than 30% over the last year. Even the market improve this year, it does not improve much!

Comparing one year performance, HSI only drop less than 8%, but the fund drop more than 15%!

The mutual fund must be full of con men! Beware! >:( :finger:


Hi Bro, you can check your Far East Fund now how is it performing?  :)

Offline LilyRamlee

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Re: Lost money in unit trust....
« Reply #143 on: October 26, 2017, 12:28:38 PM »
I pity those that lost their money in UT.  When investing in UT, these are the 3 things that you must have:
1. Money - this goes without saying. You must have money to invest, for EPF members they are lucky as they can transfer a portion of their EPF money under EPF-MIS scheme to UT to increase their retirement fund.  This scheme has been introduced since 1996. One must wonder, why such privilege given to unit trust and not to other investment vehicle e.g. stock market, insurance to allow epf members to choose where to invest in?  The answer is because UT is very,very suitable for long term investment.  You think the gov is stupid to introduce such scheme if it is not beneficial to its members?  And since 2012, gov has introduced Private Retirement Scheme (a voluntary retirement fund scheme) to complement your EPF scheme also using Unit Trust as the investment vehicle.  Gov has introduced two incentives to join PRS : 1. RM 1000 incentive to youth age 20-30 years if they invest min RM 1000 in PRS 2. Personal tax relief to those who contribute up to RM3000 annually to PRS.  Why such privilege given to unit trust? 

2. Time
Yes, you cannot control the market ups and downs, but you can control how long (time horizon) you want to invest.  Remember, in UT, time is money.  The longer you put your money in UT, the better the return and the lesser the risk. And that's why it is very suitable in building your retirement fund (and other long term objectives).

3. % return
This is also very important. Remember, unit trust funds have different risk categories, the higher the risk the higher the return.  And, to minimize the risk, focus on the time - LONG TERM.  So, it is equally important to select high risk funds (equity) esp if you have min 5 years to spare.  High risk does not mean you lose money!

For those who are willing to open their mind and allow me to explain in detail how unit trust works, I'd be glad to explain to you.  Once you understand how it works, you know that it is really helping you build your cash in the long run.  I'm reachable at 016-9460835


Online iiinvestsmart

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Re: Lost money in unit trust....
« Reply #144 on: October 26, 2017, 12:51:30 PM »
I pity those that lost their money in UT.  When investing in UT, these are the 3 things that you must have:
1. Money - this goes without saying. You must have money to invest, for EPF members they are lucky as they can transfer a portion of their EPF money under EPF-MIS scheme to UT to increase their retirement fund.  This scheme has been introduced since 1996. One must wonder, why such privilege given to unit trust and not to other investment vehicle e.g. stock market, insurance to allow epf members to choose where to invest in?  The answer is because UT is very,very suitable for long term investment.  You think the gov is stupid to introduce such scheme if it is not beneficial to its members?  And since 2012, gov has introduced Private Retirement Scheme (a voluntary retirement fund scheme) to complement your EPF scheme also using Unit Trust as the investment vehicle.  Gov has introduced two incentives to join PRS : 1. RM 1000 incentive to youth age 20-30 years if they invest min RM 1000 in PRS 2. Personal tax relief to those who contribute up to RM3000 annually to PRS.  Why such privilege given to unit trust? 

2. Time
Yes, you cannot control the market ups and downs, but you can control how long (time horizon) you want to invest.  Remember, in UT, time is money.  The longer you put your money in UT, the better the return and the lesser the risk. And that's why it is very suitable in building your retirement fund (and other long term objectives).

3. % return
This is also very important. Remember, unit trust funds have different risk categories, the higher the risk the higher the return.  And, to minimize the risk, focus on the time - LONG TERM.  So, it is equally important to select high risk funds (equity) esp if you have min 5 years to spare.  High risk does not mean you lose money!

For those who are willing to open their mind and allow me to explain in detail how unit trust works, I'd be glad to explain to you.  Once you understand how it works, you know that it is really helping you build your cash in the long run.  I'm reachable at 016-9460835


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