Unit trust or mutual fund is a financial vehicle through which individuals may invest their money. The idea behind unit trust is better returns through collective investing. In other words, it means pooling the investments of many investors, individuals and institutions.
Unit trust is getting popular nowdays due to potentially higher return when compare to fixed deposit or EPF saving. Furthermore, EPF is providing an option to withdraw some or your EPF saving for the purpose of investing in unit trust.
If you still wondering whether to invest in unit trust or not, you should see the reason why you should.
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