Moving away from investing without professional advice

In recent years, I have been less active in selecting stocks/bonds/Reits to add to my investment portfolio. The volatility of the financial markets is a cause of concern as 2020 had shown us. I am not caught up with Bitcoin and some recent IPOs frenzy.

When a Personal Wealth Executive from UOB called up about some investment ideas to grow my money, I decided to meet up and see what he could offer.

I bought into a Participating Endowment Plan of Prudential Assurance Company. This product is called PRUActive Saver II. At this point, I would like to emphasise that I have no pecuniary interest in writing this blog post. My point is that I am trusting Prudential Assurance to provide professional advice in managing the participating fund for the interests of many insurance holders. Prudential’s performance in managing the Investment Returns on this fund is a consideration for deciding to go along.

2017 2018 2019 Average of last 10 years
Investment Returns 10.63% -2.12% 12.26% 5.77%

The average investment returns of last 10 years was 5.77% per annum. (Note: Historical performance may not be indicative of future performance.) This track record is respectable.

Another example of my investment approach was to put some money in robo-investment platform of DBS Bank. DBS called it DigiPortfolio. I rely on the expertise of DBS in managing this investment portfolio. Since 3 September 2019, the fund has been good for me. The capital value has grown 17% so far.

Copyright © 2021, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

This entry was posted in Financial Management. Bookmark the permalink.