A lot of people ask me to explain the difference between mutual funds (MFs) and unit investment trust funds (UITFs). And so, to get this questions answered simply and briefly, I've decided to make an article.
Remember an article I made about earning millions through investing?
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Investing in MFs & UITFs means your money works for you. |
The past performance of the funds does not guarantee future returns.
- Then again, both have been proven to yield greater returns compared to your savings accounts and time deposits.
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Let's get ready to invest! |
Now that we've dealt with the similarities, let's focus on the main topic of this article.
10 Differences between Mutual Funds (MFs) and Unit Investment Trust Funds (UITFs)
A table listing the differences between Mutual Funds (MFs) and Unit Investment Trust Funds (UITFs)
I hope these differences seem a little bit clearer to you now, guys.
Do you have any questions? Feel free to post them here and I'll answer you up to the best of my ability!
Best tip? Start investing NOW and earn MILLIONS in the long run! :)
Fired up to manage your money yet? Contact your trusted financial advisor. You can also get FREE financial consultation from me by filling out the form here to help you get started.
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