Posted by tptan45 > 2013-01-30 09:17 | Report Abuse

Read in one of the 'Little Book' that if you put your money with the investment houses, after 26 years they will have more money than you do. That is the absolute return they are interested in.

Posted by chongkonghui > 2013-01-30 10:37 | Report Abuse

ha ha....

Posted by lotsofmoney > 2013-01-30 13:21 | Report Abuse

tptan is absolutely right. Pity the fools who put money in unit trust ( should be renamed unit fraud ).

Posted by WilliamWang > 2013-01-30 13:29 | Report Abuse

yup . fund manager taking 5% service charge plus all yr end charges fee .. then goyang kaki. jz simply buy . see the china fund 2007 0.25 till now 0.15 .. no dividend no appreaciation ... and many more fund are same .

Posted by Shane My > 2013-01-30 16:26 | Report Abuse

Agreed with the fact that China Fund has performed rather badly..you can take a look at funds from other sector. Obviously there is a risk in investing. I am sure individuals invested into the bursa during 2008 also suffered great losses.

http://invest-made-easy.blogspot.com/2013/01/top-10-best-performing-unit-trust-funds_15.html

Posted by WilliamWang > 2013-01-30 16:28 | Report Abuse

haha .. suck. giving fund manager 5.5% still losing so much money . dum ... dont know fund manager working or sleeping

Posted by Shane My > 2013-01-30 16:34 | Report Abuse

Actually fund managers gain from the management expense ratio of about 1.XX %, for the 5.5% apart of it goes to the unit trust agent selling that fund. That's why some of us have now moved over to online investing platform that charges about 1-2% for each purchase. The same applies for those investing in the bursa, buying in will incur charges and charges apply when selling.

Posted by WilliamWang > 2013-01-30 16:36 | Report Abuse

doesnt matter . seem to me stupid investing in UT ...

Posted by WilliamWang > 2013-01-30 16:37 | Report Abuse

one thing china 2008 hit 6000 index point , i still hear a GAM said china is good buy buy buy with china gdp 11% ... i jz want to said nah nah nah to that GAM .. who said excellent gdp will make stock market flying .

Posted by Shane My > 2013-01-30 16:39 | Report Abuse

I guess everyone is entitled to their opinion. :)

Posted by WilliamWang > 2013-01-30 16:42 | Report Abuse

come on .. as a fund manager or UT consultant do ur home work . 2006 china stock skyrocketing to 6000 plus ... it is indicating something wrong ? Big D for the fund manager n UT company

Posted by jpleow > 2013-01-31 15:10 | Report Abuse

Most people lose money in unit trust because they always buy during bull market when the prices are already high. If you buy during bear market when the prices are low & keep until bull market, you'll make money - my own experience with unit trust & close-end fund.