When selecting a Managed Investment Trust (MIT), understanding its investment strategy is critical, as each MIT targets different assets like real estate, shares, or bonds.
Investigate the track record of a Managed Investment Trust by reviewing historical performance under various market conditions, especially during downturns, for deeper insights.
Be mindful of fees when choosing a Managed Investment Trust, as management and performance fees can significantly impact your overall returns.
For informed decision-making, align the MIT's strategy with your financial goals and risk tolerance, prioritizing either growth or stable income.
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