As a young investor in this month of saving, an advisable first step to take is to invest in a unit trust. Which unit trust you might ask, seeing that there are a great number of funds to choose from in South Africa (SA).
Should you be looking to invest with one of the ‘Big dog’ asset management firms? Alternatively, you could look to invest in a fund that can offer you a better-personalized investing experience.
Moneyweb author Patrick Cairns, published an article titled “Unit trust managers that can ‘look you in the eye’”. The article talks to the value that ‘boutique managers’ bring to the investment table. The article identified five key aspects that should draw in investors:
So does our Emperor IP Momentum Equity Fund fall into the category of a ‘boutique manager’? YES, but let’s quickly unpack why using the specified characteristics in the above definition used in the article… Using the fund factsheet from June 2015 we can get the info we need to make this deduction.
What’s the lesson… well in simple terms, ‘dynamite comes in small packages’ and the ‘biggest is not necessarily always the best’. The Emperor IP Momentum Equity Fund has an impressive YTD return and is set to achieve big things in the future. So make the right decision in the month of saving and invest in a ‘boutique fund’ to get the most out of your investment as a young saver.
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