This archive report was first published on 23 August 2020.
As the COVID-19 pandemic continues to impact the global economy, investors are faced with unprecedented uncertainty. However, amidst the turmoil, unit trusts have emerged as a viable investment option for those looking to save and invest in a jittery market.
Published on August 23, 2020, The Standard highlighted the benefits of unit trusts, citing their flexibility and accessibility as key advantages. According to the article, investors can choose from a range of unit trusts, including equity funds, balanced funds, and money market funds, each with its own level of risk and return.
One of the key benefits of unit trusts is their open-ended nature, allowing investors to invest and withdraw cash whenever they wish. This flexibility is particularly important in times of economic uncertainty, when individuals may need to access their funds quickly.
However, as The Standard noted, unit trusts are not without risk. In recent years, some money market funds have experienced losses, resulting in financial losses for investors. As such, it is essential for investors to do their research and choose a reputable and established brand.
Ultimately, unit trusts offer a viable investment option for those looking to save and invest in a jittery market. By understanding their financial position and goals, individuals can make informed investment decisions and take advantage of the benefits that unit trusts have to offer.
