A unit trust fund is like a big organized chama for investing purposes, that pools money together from many investors who share the same financial objective to be managed by a group of professional managers who invest the pooled money in a portfolio of securities such as shares, bonds, money market instruments or other authorized securities to achieve the objectives of the fund.
n a simplified way, budgeting is the act of tracking your finances so you don’t spend too much or too little. Unlike what you might believe, budgeting isn’t all about restricting what you spend money on and cutting out all the fun in your life.
Britam joined the top 5 funds based on average yield postings for the month of December, edging out Madison Money Market Fund.
Almost all investment products are exposed to various risk, only the degree differs. Before you blindly hawk into financial products, it is important to understand your risk appetite and tolerance level.