“most unit trusts also allow investors to vary investments over time so he is not sure how this product is any different.”OCBC Momentum is nothing new. It is still old wine in new bottle. Majority of the unit trusts are not able to beat the index. ......
A handful of investment products was mentioned in the 27 Jan 13 Sunday Times. I am referring to the article, “Grow your wealth wisely”, in the Invest Section which the reporter, Magdalen, had solicited comments from industry experts. She tried to help retail investors understand the products better, without the sugar coated sales pitch. I will go one step further to make quantitative comparisons for some of the products.
OCBC Momentum
This is a regular investment program, or better known as dollar cost averaging technique, whereby investors commit at least $2,000 a month to buy funds they chose. Mr Mudit Goenka said,
