It's interesting to look at how matured market like the United States have grown in the mutual fund industry. Just have a look at some of the statistics.
As at end of 2007, the United States has US$12 trillion (RM36 trillion) worth of assets under management, Malaysia on it's private sector unit trust has about RM70 billion. The US has more then 8,000 funds and Malaysia has about 500. There are more funds available in the US than there are stocks on the NYSE.
How will this trend affect the local unit trust industry? Will it create more opportunity, will we see more funds being introduced, will the fees be going down further? Well, as I am not one of those futurist, what I can say, as far as learning and experience ... the best is yet to come.
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