This is inaccurate and a poor excuse for being complacent about personal financial management. Let's just take a simple example for illustration. It's a simple illustration of the difference between actively managing and not managing your financial wealth. Investing in unit trusts is one way to better personal financial management. For one, pooled funds diminish risk through diversification.
Diversification is a simple yet effective way of managing investment risk.
Some of us sit on idle funds earnings low deposit rates because we are afraid to take risks. Investing in unit trusts is one way for you to stay invested and yet make risk your friend. For those of us who may not have the time and luxury of sophisticated resources to identify investment opportunities and monitor our investments, buying unit trusts is one way to overcome the limitation of resources. As a buyer advocate, finatiQ has taken the first step towards making unit trusts a lot more affordable for the common man. As an internet bank, our overheads are lower.