Questions and answers
|What is a unit trust?
It is simply a pool of funds contributed to by investors, that is put into an investment scheme which is managed by a unit trust company and invested on behalf of the contributors carefully selected, financially sound, listed companies in mining, finance and industry.
How do I
can you use unit trusts for?
if I become unemployed and cannot continue to invest,
will I lose money?
I invest in monthly amounts?
are the minimums I can invest?
is rand cost averaging?
is better, monthly or lump sum investments?
I switch between funds and is there a charge?
is the difference between high growth and high income?
High income will aim to pay you out large twice yearly or quarterly dividend sums at regular intervals, instead of aiming for a large lump sum at the end of your investment period. Of course, your income payments can be reinvested.
are there so many different types of trusts?
do I pay?
my investment protected?
do I sell my units?
there tax benefits?
happens when I die?
I invest in somebody else's name?
is a buyer's price?
is a seller's price?