Do
- Decide which type of unit trust fund meets your saving needs.
- Shop around for a reliable unit trust company
- Check whether investment limits, frequency of income payments, etc, are suitable
- Check past performance records
Don't
· Don't choose any unit trust fund just because its performance has been good, make sure it is the right fund for you.
- Don't pay too much attention to short term performance, good consistent performance over all periods is the best lead.
- Don't decide on a unit trust fund just because it has low charges, good performance is far more important
- Don't borrow to invest in unit trust unless you are absolutely aware of the risk involved.
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