If you ask friends around you who have invested in trust funds, most of them are facing trust fund money losses.
Recently many trust fund investors have been complaining that the trust funds they have invested in are losing money, with some even complaining that their trust funds are losing 30% to 40%. There are really not many trusts that have still made a profit in the past year.
This is actually the current trend in the financial world, with stock markets in the US and Asian countries on a downward trend, bond markets in a super storm and the end of the 40-year bond bull market. All of these trends are contributing to trusts losing money.
DJI Index has peaked at 36,952.65 points over the past year, while the low was 29,653.29 points, and as of 2 September it was 31,318.44 points. The Nasdaq Index peaked at 16,212.23 points over the past year and peaked at 10,565.14 points, reporting 11,630.86 points as at 2 September.
The FBM KLCI has also slipped from a high of about 1,600 points in the past year to around 1,491 points today.
According to the official website of the Private Retirement Scheme (PRS), only three funds made money in the past year, although many made money over a five-year period.
Therefore, the recent loss of money in trust funds should only be a short-term phenomeno.
