Individuals>Your Wealth>Unit Trusts
Unit trusts allow you to invest in the stock market with a professional fund manager watching your money. Because you are investing in the stock market, you should be looking at an investment term of 3 to 5 years.
With Unit Trusts you can invest a monthly sum or a once off lump sum. A monthly investment of as little as R100 or a lump sum start of R 10 000 is all you need. The sooner you start, the more time you have to take advantage of compound growth. Compound growth is growth on top of growth.
The more time you have to invest the more aggressively you can structure your investment portfolio. If, for example, your daughter is six months old and you would like to one day send her to university you will have almost 18 years to invest. You can afford to take on higher risk, with potential higher returns.
If your son is 13 and you have just 5 years to save then your investment portfolio would look quite different. The less time you have the more conservative your investment choice.
Contact MST to help you structure your investment portfolio.