Mr Yap: happy with investment-linked funds

Mr Yap, 43, was one of many policyholders who invested with NTUC Income and made a positive profit. Mr Yap started investing in Technology Fund in October 2002.

Mr Yap committed all his investment between October 2002 to May 2003. There were no education seminars then. He was able to get advice through various discussions with his peers.

Mr Yap is very happy with his investments in Investment Link Products ILP). He has invested in high risk funds such as Technology, Japan, Europe and Growth. He invested about $110,000 in total and have realised $80,000 of his investment, making a profit of about 45% over 2 years!

" I would definitely invest more in future. In the past, I do not believe in ILP or unit trust as the price movement is slow. I prefer higher risk instruments like shares and warrants.

However, I learnt some painful lessons which comes with very bad losses. The lesson leant is, for working people like me, it is better to leave the investment to the professional fund managers who charged reasonable costs. "

Mr Yap acknowledges that it is also less stressful to invest in investment funds and to aim for reasonable good returns. Investing in speculative stocks can be a very stressful experience for a already busy man like him.

" I will not hesitant to recommend my friends to invest with NTUC Income."