Monday, March 12, 2007

Fees Charged By Unit Trusts

Many unit trusts charge different types of fee. The fact that your unit trust earns 10% does not mean that you will receive the full 10%. After deducting all the fees and charges as explained in the prospectus, the trust will make the distribution. It will be less than 10%

You have to read the prospectus to know what fees the fund charges to determine what your actual yield will be. Example of the fees will be management fees, trustee fees, agent’s commissions, and other expenses such as brokerage, commission, stamp, other duties, auditors’ fees, accountant’s fee, administrative costs and etc.


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