- It pays out monthly dividend income, which appeals to people looking for income such as retirees a lot.
- The dividend income based on the unit price is above 8%.
- It is a five-star Morningstar Rated fund since April 2020.
- Their friends or you-know-who says it is good.
There is this unit trust that people have been mentioning to us, or myself for the longest time: Allianz Income and Growth Fund.
I don’t know what is the fascination over this fund.
Those people investing in funds talked about it. Prospects and clients talked about it.
Even lead generation companies who help advisory firms generate leads use it to be part of it’s “8% P.A. Retirement Plan”!
On the first cut, here is the appeal: