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.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.