" The first 6 months this year was a great time to be a unit trust investor with many funds that were bleeding to death last year roaring back into positive territory. The average equity fund gained almost 25% in the period, rewarding investors who defied the global financial storm to put money into stocks and bonds"
From the people that I talked to, many were unhappy with their unit trust performance that they had invested using hard cash or CPF via their insurance agents. I think this unhappiness comes about naturally. Singaporeans are a unique bunch; when their portfolio is making money, they just keep quiet and do not want anyone to know, and when their portfolio lose money they will go round telling people how much they had lost.
The key thing is, what was your timeframe you set when you invested your money via Unit Trust? 2yrs? 5yrs? 10yrs? Or even 20yrs? Unit trust are not meant to be a short term profit generating machine because of the risks we all have to bear. If you have a reasonable time frame of > 7yrs, it is very likely to make a tidy profit, SUBJECTED to conditions like capability of your insurance agent (who is supposed to be consciously reviewing your portfolio on a regular basis), nature of the funds, market sentiments, etc.
Are you worried about your fund performance at the moment? If your uncertainty is there, do something about it! Do contact me for a no-obligation discussion of your current portfolio. 9876-0237.
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