Answer is obvious: let the professional fund managers manage the investment. However, many people don’t realize how pathetic the performance of some of the funds 😂 But people are somewhat addicted because if rugi, put the blame on the fund managers. For other investment vehicles, various degree of self study must be done, so they’ll need to carry some of the responsibility when making investment decision. People are simple afraid of responsibilities, even though its their own money 😆

I’ve invested in a lot of unit trust. I think there is advantage of unit trust compare to ETF and direct investments in stocks. But instead of talking on the advantage of unit trust, I think it is more important to address the disadvantages of unit trust and counter it. 1. High sales charge while 0 for ETF & stocks>solve it by FSM or through MooMoo 2. High management fee while 0 for stocks and low for ETF>choose funds that differentiate themselves from ETF & has track record of outpeformance.