Investing can often feel quite daunting. That’s why we’ve put together this simple first time investor guide. It’s been designed to give you a flavour of the things you should think about and the types of unit trust funds that might match your needs.

Investing in a unit trust is a simple and cost-effective way to gain access to the professional world of investing. Unit trusts are easily accessible and transparent. All you need is R500 a month. You will always know where and how your money is invested and should you wish to withdraw your money, we’ll deposit your unit trust redemption into your bank account within 48 working hours.

But before getting started, it’s important to think about your personal circumstances and preferences.

RISK VS RETURN

The amount of risk you are willing and able to take coupled with the amount of time you remain invested, will largely determine your outcome. Think about how much you plan to invest relative to your monthly salary or total savings, and whether you will be able to remain invested should the financial markets take a dip.

TIME

How long do you have to invest – is it 6 months or can you invest for longer, perhaps 5 years. Historical data suggests that the longer you have to invest, the greater the likelihood of a better outcome.

For more information, download Coronation's New-Investor-Welcome-Guide