Income+
The basics of selecting unit trust funds
Lim Siew May | 04 May 2018 00:30
Being new to the investment scene, June Moh, social media and corporate communication manager of a fintech company, believes that investing in unit trusts is the way to go for a beginner investor like her. 

Unit trust funds enable retail investors to put their money in a diversified, professionally managed portfolio that, depending on the fund’s objective, contains different types of stocks, bonds and other securities with a minimum initial investment of only RM1,000 typically.

However, Moh struggles to understand unit trust investment even after attending a training class meant for unit trust agents. “I really wanted to invest, but I didn’t have the right knowledge to invest. When I asked unit trust agents for advice, they gave me different advice and recommended different funds,” she says.

It doesn’t help that her agents do not offer what she believes to be satisfactory after-sales service. While her unit trust company regularly sends her newsletters, she finds them hard to understand. “I don’t have an investment or business background, and don’t know how to analyse the graphs and charts. I wish they would tell me in layman terms what’s going on. I don’t know what my fund is doing. I feel like I am investing in the dark,” she laments.


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