facebookMy relationship manager recommended that i buy a 100% bond unit trust from pimco. can i get an expert opinion on whether it’s a good time to buy a bond units trust. - Seedly

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Anonymous

09 May 2023

Retirement

My relationship manager recommended that i buy a 100% bond unit trust from pimco. can i get an expert opinion on whether it’s a good time to buy a bond units trust.

Discussion (16)

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Erm....you must know that your relationship manager earns commission from selling things to you, and he or she will push high commission products on you naturally, for his or her benefits (not for you).

Also, with high interest rate environment, bond value will decrease. This already has caused many US banks to become insolvent. So you best do your your due diligence and think deeper beyond whether it is a good time to buy or not.

I feel pimco is a good bond investment manager. As for whether to buy it, it will depends on the purpose.

First qn is why. Second qn is why. Third qn is why.

What's exactly the fund name? What's the rating? Why the 100% bond? What's the yield? Why the recommendation? Is it paying out passive income?

Robin

11 May 2023

Administrator at SG

Just buy from roboadvisor platform. You will be able to better track the performance with lower fees.

Ask about the expense ratio. you can also directly ask them what is their commission or gain. i thin...

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