Currently, there are still more people who prefer to save their money in the banks rather than investing in unit trusts. Thus, the growing trend of the industry will likely attract more savers.
It is increasingly evident that unit trusts have become a buzz word among many Malaysian investors. To recall, unit trusts were relatively unheard of ten years ago in Malaysia. The recent years saw a growing number of investors participating in the unit trust industry.
Considering the encouraging developments in 1996, the local unit trust industry looks poised for further growth in a foreseeable future. What can you expect in 1997 then? Overall, the unit trusts prospects remain excellent, according to many experts.
Many of them are optimistic that more innovative products will be launched in 1997 amid the growing competition among market players.