Quick Fire Finance of the day:
"How do you compare various unit funds?
I am retired and have several hundred thousand dollars which I’m considering placing in a conservative or balanced unit fund of the type run by most of the major brokers or banks.
I have asked for performance data from each of the funds, but it’s not easy to compare who is the best. Have you got any suggestions or the name of a website that does this comparison?
Also, the purchase price of the units varies, and I’m not sure whether the date at which you buy the units is sensitive to the market (like buying shares at the top of the market)?"
Source: NZ Herald 23 February 2019
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