nikimani wrote:@veteran,they did and are very happy lot speculatively waiting to cash in when the time and price is right.unfortunately Some panicked after investing in during high's of ksh.299. and getting out at in the same November ksh.217.now that is the angry lot, its all a matter of timing.
Kimani this is the wrong place to advertise unit trusts. We all know that the devil is in the details. We know that those rosy charts are not exactly what investors get from the unit trusts.
Any Wazuans who may be misled into this, make sure;
(1) You get to understand who the investment managers in the unit trust you are investing in are
(2) Their track records
(3) Whether the investment objective of the sponsor i.e Old Mutual as the same as yours- Remember the investment managers will take decisions on the portfolio based on the sponsors strategic objectives. They make money when you are losing (most of the time) and when you are winning (rarely).
I have heard of people who made money investing directly in the markets, but I am yet to meet an investor in a unit trust with a success story!