Just like any insurance products one may have, with a life insurance product, the policyholder pays a premium to the insurer who provides the insured with an agreed level of cover upon his/her death.
Category: EN
A Fund And an ETF, What Are They?
A fund is an investment that pools together the money from many individuals. Fund managers then use it to invest in a wide range of shares and/or bonds. The most valued advantage of a fund investment is the diversification effect it can bring to the portfolio; however, its main drawback is the T+1 or T+2 settlement which limits its liquidity.