Do's and Don'ts of Choosing a Unit Trust Fund

Do

1. Decide which type of unit trust fund meets your saving needs.
2. Shop around for a reliable unit trust company
3. Check whether investment limits, frequency of income payments, etc, are suitable
4. Check past performance records
   

Don't

1. Don't choose any unit trust fund just because its performance has been good, make sure it is the right fund for you.
2. Don't pay too much attention to short term performance, good consistent performance over all periods is the best lead.
3. Don't decide on a unit trust fund just because it has low charges, good performance is far more important
4. Don't borrow to invest in unit trust unless you are absolutely aware of the risk involved.