WARREN INGRAM: Before you ditch your dastardly, dismal unit trust …
Many investors end up losing their money by moving from the proverbial frying pan into the fire
17 September 2019 - 05:08
People who invest in unit trusts are generally told they should invest for the long term. For most of us, five years qualifies as “long term”.
What do you do if your unit trust has delivered pathetic growth over the past five years? Is it a good idea to sell? If so, how do you decide on a replacement? How will you know that your replacement is going to be any better than the fund you are selling? This is the conundrum many unit trusts and their advisers face...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.