It is not an uncommon question that people would ask: Should I get a unit-trust or an investment-linked products?
Although they might sound similar, unit trusts and investment-linked product serve different purpose to a certain extent. Unit trusts are usually offered by the banks where the investors can put their money in the funds to seek growth of the money they put in. On the other hand, investment-linked product, apart from the investment purpose, it also give us life protection. This mean, if something untoward such as death happens to us, an certain amount will be paid to our loved ones.
Therefore, generally, the investment value that we will get at the end of the day is much less than you putting the money in a unit trust account. However, bear in mind that your life is being insured at the same time if you have an investment-linked policy.
Although they might sound similar, unit trusts and investment-linked product serve different purpose to a certain extent. Unit trusts are usually offered by the banks where the investors can put their money in the funds to seek growth of the money they put in. On the other hand, investment-linked product, apart from the investment purpose, it also give us life protection. This mean, if something untoward such as death happens to us, an certain amount will be paid to our loved ones.
Therefore, generally, the investment value that we will get at the end of the day is much less than you putting the money in a unit trust account. However, bear in mind that your life is being insured at the same time if you have an investment-linked policy.