005 Managed Account vs Unit Trust Funds

Managed Account vs Unit Trust Funds

Unit trust fund investment is very popular in Malaysia.I invest in unit trust many many years back. Unit trust allows me to invest a small amount regularly. I have seen how unit trust has helped me grow my money. It may be slow, but it works.

These few years, I am interested in shares investment but I do not have the knowledge, courage and time to study and trade. I have read and listen to many stories of how people make money in stock market during recovery period. I bought books, attended seminars, but I still find studying annual report is a tedious task. The moment I look at the financial statement, my mind start to fly.

I started to wonder is there any company that can help investor trade. Fortunately, I got to know Phillip Capital offers managed account to retail investors like me. Instead of me trade stocks myself, Phillip Capital will trade the stock for me. I am given an online account to monitor to learn.

As compared to unit trust, managed account gives me a sense of belonging and participation. I know that whatever stocks I see in my account, they belongs to me. If I decides to close the account, I can transfer all stocks to my CDS. How wonderful.

I still invest in unit trust for regular savings purposes. As the amount gets bigger, I will transfer to managed account for further growth.I want to retire with a portfolio of stocks. I believe stocks, especially dividend stocks, will give me the growth and dividend that is going to support my retirement years.