Do all unit trusts have equal risk?All investment carry some degree of risk that could affect the
value of your savings. It’s important for you to know the type of
risks associated with the investment you make. In this regard,
ask your financial Adviser to explain the type of risk associated
with your potential investment.
Your Financial Advisor should be able to provide you with up to date information about the various investment products A financial advisor, who is also referred to as an “Authorised representative”, is a person authorised by a manager to solicit investments in a portfolio from members of the public or to give financial advice or make disclosure of information to investors or potential investors concerning the sale, repurchase, issue or cancellation of a participatory interest;
A Financial Advisor must take all reasonable steps to: Determine your investment objectives, risk tolerance, financial situation and investment experience; Ensure that the product s/he recommends is suitable for you, taking into account all the information you gave; and Explain to you why the product s/he is recommending is suitable for you. Financial Advisors in Namibia are currently not required to register with NAMFISA, therefore, the onus lies with the consumer to understand the following terms before investing in a unit trust fund:
Your Financial Advisor should be able to provide you with up to date information about the various investment products A financial advisor, who is also referred to as an “Authorised representative”, is a person authorised by a manager to solicit investments in a portfolio from members of the public or to give financial advice or make disclosure of information to investors or potential investors concerning the sale, repurchase, issue or cancellation of a participatory interest;
A Financial Advisor must take all reasonable steps to: Determine your investment objectives, risk tolerance, financial situation and investment experience; Ensure that the product s/he recommends is suitable for you, taking into account all the information you gave; and Explain to you why the product s/he is recommending is suitable for you. Financial Advisors in Namibia are currently not required to register with NAMFISA, therefore, the onus lies with the consumer to understand the following terms before investing in a unit trust fund:
A Unit Trust Fund pools money from investors and invests it in a portfolio of assets according to the fund’s stated investment objective and investment approach. Through a unit trust fund, an investor can also achieve a spread of investments in assets such as shares, bonds, deposits, money market instruments, real estate etc. A unit trust is a fund which adopts a trust structure. The pool is managed by a team of full time professionals and a trustee is appointed to protect the interests of the unit holders. What are the benefits of investing in a unit trust? A financial advisor must be able to explain the benefit of investing in a unit trust. However, some of the benefit are listed below as follows:
