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August 11th, 2016 10:46 AM #32
salient differences:
VUL : with life insurance factor (percentage of your total placed amount is allocated for protection and death benefits). some insurance companies require you to pay premium on this, while some companies allocation portion of your earnings from the investment part to the premium part.
UITF : straight forward. offered by banks. invest on a per unit basis.
MF : same as above. however, this is also offered by smaller investment companies.
but all of them are invested in the same channels (equities, stocks, bonds, etc.)
If purely for City driving then get the Emax7. since you already have other cars for longer drives....
BYD Sealion 6 DM-i