QUESTION Imagine that you’ve just inherited RM20,00. Now you’re…

Question Answered step-by-step QUESTION Imagine that you’ve just inherited RM20,00. Now you’re… QUESTIONImagine that you’ve just inherited RM20,00. Now you’re faced with the “problem” of how to spend it. You could make a down payment on a condo or on that sports car you’ve always wanted. Or you could build a mutual fund/ unit trust fund portfolio. After some soul searching, you decide to build a RM20,000 mutual fund portfolio. Using actual mutual funds/unit trust fund and actual quoted prices, come with a plan to invest as much of the RM20,000 as you can in a portfolio of mutual funds. (In addition to 1 or more open-end funds, include 1 ETF). Be specific! Briefly describe your planned portfolio, including the investment objectives you are trying to achieve. Guidelines: How do I invest in a Unit Trust Fund Scheme?You can approach a Distributor. There are several types of Distributors: • Unit Trust Management Company (UTMC);• Private Retirement Scheme Provider (PRS Provider);• Institutional Unit Trust Scheme Advisers (IUTA);• Institutional Private Retirement Scheme Advisers (IPRA); • Corporate Unit Trust Scheme Advisers (CUTA);To get details on Distributors, you can refer here:https://www.fimm.com.my/industry/members-distributors/and then click  LATEST FUND PRICESYou can also approach a consultant who has been authorised to sell investments in mutual fund/unit trust. Business Finance BUS1 172A Share QuestionEmailCopy link Comments (0)