Public Mutual Agency Manager shares insights on unit trust investment

Mr Le (front row, third from right) with UTAR students and staff

UTAR was pleased to welcome Public Mutual Berhad Agency Manager Mr Le Hock Hin to its Sungai Long Campus on 6 September 2024 to deliver an insightful sharing session titled Unit Trusts Investment in Personal Financial Planningi>. Organised by the Department of Finance, the session attracted over 100 students, eager to deepen their understanding of unit trusts investment, an area that is not typically covered in their current studies.

Mr Le began the session by explaining the basics of unit trust investment, which pools funds from investors to create a diversified portfolio managed by professionals. He introduced various types of unit trusts, including equity funds, fixed-income funds, balanced funds, and money market funds, each catering to different financial goals and risk appetites. He then highlighted the benefits of unit trusts, such as diversification, affordability, liquidity, and professional management, while also addressing potential drawbacks like market risk, fees, and opportunity costs compared to other investment options.

The event saw the participation of over 100 students from the Faculty of Accountancy and Management

Emphasising the importance of financial planning, Mr Le encouraged students to strive for financial freedom, saying, “I hope everyone goes to work because they love the job, not because they have to work for a living.”/span> He shared practical steps for financial planning and introduced the Rule of 72, a formula to estimate how long it takes for an investment to double.

Mr Le sharing his insights with students

The session concluded with an interactive Q&A, allowing students to clarify their doubts, followed by the presentation of a token of appreciation to Mr Le for his valuable insights by Faculty of Accountancy and Management academic Cik Salizatul Aizah binti Ibrahim.

Cik Salizatul (right) presenting the token of appreciation to Mr Le