I did also talk about OCBC BCIP on a previous blogpost, http://teenageinvesting.blogspot.sg/2014/08/the-beginning-of-your-investment.html
Feel free to check it out!
Anyway, the point of this blog post today is to talk about Actively Managed Mutual Funds.
Now, what are they? Simply put they are funds that are managed by a Fund Manager or a team of Managers. You invest your money into this fund, and pay the manager a fee to invest on your behalf using the combined funds of multiple investors like yourself.
This works out fine if you're not into passive investing, and do not want to adopt a DIY style.
The thing is, not all mutual funds may be beneficial to you. ...
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