Ready to get even more from your money and start investing altogether? Enter UITFs. This type of investment is perfect if you’re ready to risk a bit more for higher returns but still can’t handle the level of risk and amount of know-how required to play ball in the stock market.
Based on your risk appetite—measured by taking a Client Suitability Questionnaire—Trust Managers can determine whether or not you can handle a conservative, moderate, or aggressive fund.
Banks typically offer three basic trust funds: Money Market Funds, Bond Funds, and Equity Funds, with terms varying anywhere from 3 months to 3 years. Historically, investments always perform the better in the long run, so if you want to make the most out of your money, don’t be afraid to invest in a long-term fund.
Unlike time deposits, UITFs aren’t insured by the PDIC. This means that yes, there is a possibility to lose money. But if you think you can stomach the ups and downs of the market, then UITFs will get you more in the long term. Besides, experienced fund managers are provided by the bank’s trust division to ensure your investment is always pointed at the right direction. In case you change your mind, you can always withdraw or pull out your investment at any time.
Choose a UITF if you want to try your hand at investing without diving too deep in the middle of the stock market ocean. With professional fund managers to guide you while doing most of the leg work, it’s a great way to expose yourself to the financial world and—along with free financial seminars—learn valuable lessons on investments.
Try our investment calculator to see how much you can earn by investing in UITFs.
