BIFM Unit Trust 1.0.13



Publisher Description



Unit trusts are just another way of investing to grow your money. In the same way as you can invest your money in a fixed deposit at the bank, or buy shares on the stock exchange, or buy property; you have the option to invest your money in unit trusts.

Why should I invest in them as opposed to any other type of investment?
Unit trusts have a number of benefits that make them better than other investment vehicles:

Eggs in a lot of baskets:
The valuable life lesson that we mustn’t put all our eggs in one basket, is relevant to unit trust investments as well. When you invest in a unit trust, your money is invested in a lot of different things at the same time. Depending on the type of unit trust you choose, it is possible to be invested in cash, bonds, property & shares – all at the same time. This has the benefit of ensuring that you do not suffer major financial loss should one of your eggs break, as they are all in different baskets.

Access to experts:
a unit trust allows you to invest as little as P200, but still have your money looked after by investment professionals who would otherwise not be accessible, as good fund managers require large sums of money to be able to invest efficiently.

Protection of your money & transparency:
unit trusts are very strictly regulated by NBFIRA, who set rules on how and where your money can be invested. This makes them a safe investment, which is not prone to fraud. Unit trust fees are also very transparent, with all initial fees and annual management fees disclosed to the client.

Who can invest in unit trusts?
Anybody can invest in unit trusts - both individuals and companies; as well as trusts, partnerships, burial societies, consortiums and even metshelo!
You can also invest in them for many different personal reasons, for example:

You can arrange with payroll to have your 13th cheque invested in unit trusts
You can save for your childrens’ school fees through unit trusts
You can save for retirement through unit trusts
When you retire, you can invest your 1/3 cash payout in a unit trust fund of your choice
You can save for your family’s annual holiday through unit trusts



About BIFM Unit Trust

BIFM Unit Trust is a free app for Android published in the Accounting & Finance list of apps, part of Business.

The company that develops BIFM Unit Trust is Out Merchant. The latest version released by its developer is 1.0.13.

To install BIFM Unit Trust on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2015-11-02 and was downloaded 3 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the BIFM Unit Trust as malware as malware if the download link to com.ionicframework.bifm857508 is broken.

How to install BIFM Unit Trust on your Android device:

  • Click on the Continue To App button on our website. This will redirect you to Google Play.
  • Once the BIFM Unit Trust is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
  • A pop-up window with the permissions required by BIFM Unit Trust will be shown. Click on Accept to continue the process.
  • BIFM Unit Trust will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.



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Users Rating:  
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Downloads: 3
Updated At: 2024-04-22
Publisher: Out Merchant
Operating System: Android
License Type: Free