About insurance ILP mutual funds

It depends really. but generally people who buy ILPs dont monitor their fund performance and it is up to the agent to inform and advise their clients timely whether a reallocation is up for consideration since the client is feeding them with hefty commissions. its the least they ought to do, but most agents wont even know about the details and investment objectives of the funds they recommend. all in all, ILPs are a poor value proposition.

​

depending on the amount and payment period, terminating and cutting your losses and reallocating it to a robo/ETF might yield a better return and even recoup your losses.

• Improve returns, Dont buy ILP?
• The 1st few years your $$$ are just paying agent commission.
• You can buy unit trust by yourself, with no lock in period, no transaction cost and switching fee
• Active buying/selling? No. Best way is DCA in any investment.
• Should agent provide advice on fund? You need to understand how to evaluate an unit trust yourself, then u test the agent knowledge see if he is qualify to advise. Some agent or RM dont know anything, except selling.
• If returns are your main focus, considered open a brokerage account and buy a board based ETF instead.

​