The answer is when the price is higher than cost per unit.
Or when your fund make a profit at least average 10% per year.
Since our economic seem like well recovered as compared to last two years, most of investor try to liquidate their unit by selling regardless of how much profit they get. Trauma of seeing their profit goes down bearish, a lot of investor sell their unit although the profit is only at small margin.
As long as they can get back their capital, that is big relief for them to escape from involving in risk of investing in unit trust.
Either this is smart move nor bad strategies, it is depend to our profile of financial planning. It is not only rely on UTC, although an UTC supposed to and responsible to educate their client, but if investor themselves make a proactive action to understand, monitor, control their fund, it will give a better result to the profit of fund that he/she invested.
I have a few extreme cases where my client who were sold their unit have more than 50% profit within 3 years and also a client who were not make profit and lost more than 25% within 2 – 3 years.
If we analyze the profile of these two clients, we found that it’s a big difference how the both investor manage their fund in other words the understanding of lower down the cost per unit.
The conclusion is, do not only rely on UTC, as an investor, you must gain a knowledge, learn, read a book, and finally you will become a smart investor.