Wanted: Your views on investing in unit trusts

Retiree Steven Tan, 54, started investing in stocks and unit trusts in the 1980s when the CPF Investment Scheme was introduced.
Retiree Steven Tan, 54, started investing in stocks and unit trusts in the 1980s when the CPF Investment Scheme was introduced.PHOTO: ST FILE

Investing in unit trusts is one way to get potentially better returns.

Take our survey and share your views with us so that we can better understand your financial concerns. Occasional surveys like this are part of our continued efforts to know our readers better.

Send us your answers via text or email by Jan 11 midnight. Ten lucky readers will get a $50 grocery voucher, sponsored by DBS Bank. Details on how to enter below.


SURVEY

1. Are you invested in unit trusts as a means of growing your savings?

A: Yes

B: No

2. If you are not a unit trust investor, what are your reasons?

A: High charges and fees

B: Poor past performance

C: Don't know which funds to select

D: Don't know how to get started

E: All of the above

3. If you are a unit trust investor, what do you like about them?

A: Less risky than shares

B: Flexibility of dollar cost averaging

C: Diversification

D: Low entry level

E: All of the above

4. If you are a unit trust investor, which channel do you normally use?

A. Bank branches

B. Bank websites

C. Specialised financial websites

D. Trusted financial planners

E: Others

5. To enhance your understanding of unit trusts, which investor education programme(s) would you prefer?

A: Educational websites

B: Road shows and investment fairs

C: 1- to 2-hour workshops

D: 1-day workshops

E: All of the above


HOW TO ENTER

SMS your answers to 83116187 with the following message:

sutinvest Answer 1 Answer 2 Answer 3 Answer 4 Answer 5 NRIC E-mail Name

For example, your answers could be:

sutinvest A B C D E S1234567D abc@email.com Jane Tan

Send your answers by Jan 11 midnight. Ten lucky readers will get a $50 grocery voucher, sponsored by DBS Bank.

Winners will be informed via e-mail.

Participants below 18 must seek parental consent.

Brought to you by DBS

A version of this article appeared in the print edition of The Sunday Times on January 10, 2016, with the headline 'Wanted: Your views on investing in unit trusts'. Print Edition | Subscribe