Posted by DoggieInvestor > 2022-07-05 00:01 | Report Abuse

Never buy unit trusts in Malaysia. I bought several Malaysia and Regional Unit Trusts from R-Bank. End up my friend told me that majority of their holdings are simply copying index benchmark weightings. I paid 5% sales charge when i first bought, then i paid 2% of annual management fee, every year, turn out they did not actively manage. What an unscrupulous fund manager. we are paying them big fat salaries for sleeping. The return confirms will underperform index. I sold all of them and put it with Robo-advisors now.