investment

• y33bas

  3 Oct 06, 00:11

  Does anybody here knows how to invest in unit trusts?
  which bank to go to to sign up for which type of account and how long is the commitment period and so on?
  what about the minimum amount to invest in unit trusts?
  
  Perhaps other things that could also be invested into as well?any examples?
• Texcoco II

  3 Oct 06, 00:15

  Hmm...Standard Chart, if Im not wrong, offer the most varieties of unit trusts, and the minimum amount of most unit trusts schemes are at least 5k, actually while i do not know about ur "commitment"...all i know tat unit trusts is a long-term investment schemes, you realli need to put in significant amount of money for a significant among of time, most perferably 5 years +, in order to see "significant" amount of returns...
• sohguanh

  3 Oct 06, 10:51

  Originally posted by y33bas:

  Does anybody here knows how to invest in unit trusts?
  which bank to go to to sign up for which type of account and how long is the commitment period and so on?
  what about the minimum amount to invest in unit trusts?
  
  Perhaps other things that could also be invested into as well?any examples?

  For much lower sales charge go for online UT like FSM and DD. Bank charge 5% but they charge only 2.2 to 2.25% so go and calculate the difference!
  
  Besides UT, you can invest in stocks and shares of Singapore SGX. Look for brokerage firms that offer internet trading so you can play yourself. Commission charges is per counter about minimum $25 or 0.275%
  
  PLEASE BE CAREFUL. Play in above two mechanism can lose money and win money so go in with a risk appetite you could lose all your capital or increase than what you can get from Fixed Deposit.
• banzie

  3 Oct 06, 11:04

  Originally posted by y33bas:

  Does anybody here knows how to invest in unit trusts?
  which bank to go to to sign up for which type of account and how long is the commitment period and so on?
  what about the minimum amount to invest in unit trusts?
  
  Perhaps other things that could also be invested into as well?any examples?

  Are you investment savy!? If so go fundsupermart or philips capital.
  
  If not your local prudential fren can help... try ambo bank also not bad...