ETF
eg SPDR s&p 500, STI ETF etc
they are exchange traded fund. You need to pay a management fee to them yearly. It moves like the market. so one can expect a growth of 8 to 12 % per annum over a long term period.
Unit trust
Is a collection of investment and channel these investment into different stocks in different countries. It is like a portfolio that one do it themselves, but this is done by entrusting the job of research and investing to fund manager. The fund manager bonus and reputation is peg to the fund performance. For this one have to pay management fee too on yearly basis.the growth is really depending on the fund performance ,some can grow 300% or more, some even negative growth.This also allow dollar cost averaging to be done.
Well all instrument are for a purpose, one should know what is their needs before invest.find out what your lifestyle you have and what you want in life before deciding. Eg if you are always busy at work then building a portfolio urself may not be suitable. These are only a few investing instrument, there are plenty more out there.
