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A colleague told me he is getting about 6% per annum from a UT he bought from Aviva
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Elijah Lee
18 Jul 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
There are unit trusts that can deliver decent returns, so 6% is not an unheard of number. However, whether or not one should invest in unit trusts in the first place will come down to a number of factors, including
Analysis of the unit trust also is down to several factors such as
I presume that your colleague is probably buying from the Navigator Platform when you mention that he bought it from Aviva. What is more important is the actual unit trust that he bought.
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Vincent Tan Wen Bin
15 Jul 2019
Assistant Vice President at Thinkers Alliance
I am invested in UT too and it allows me to get access to market that is not so easily accessible. A...
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Mutual funds (= unit trusts in Singapore) nowadays are almost obsolete because of their prohibitively high annual management fees (TER - total expense ratio), often 10 times
higher than comparable low cost passive indexing ETFs. And there is evidence that the active ('stock picking') mutual fund mangers are long-term underperformers. Think for Yourself...
With a simple passive indexing investment like, just f.ex., Vanguard S&P 500 ETF (VOO)
your performance over the last 5 years would have been: 9.35% annually ! The annual fees are astonishingly low 0.03% per year.
Ask Yor friend what the annual fees of his fund are, listed in his fund's fact sheet.
there are however, to be honest, rare exceptions of cheap and acceptable mutual funds or index funds:
https://www.avanza.se/placera/pressmeddelanden/...
https://www.thebalance.com/cheapest-index-funds...