VFM launches monthly investment plan
Valletta Fund Management has launched monthly investment plans allowing investors of all ages to set aside small amounts from as little as €50 (or $50 or £30) a month. The Monthly Investment Plans by VFM allow investors to put aside a small amount into...
Valletta Fund Management has launched monthly investment plans allowing investors of all ages to set aside small amounts from as little as €50 (or $50 or £30) a month.
The Monthly Investment Plans by VFM allow investors to put aside a small amount into a fund of their choice in euro, dollar or sterling without having to wait until they accumulate a lump sum.
Monthly contributions offer investors the opportunity to invest regularly to meet future needs in a disciplined manner.
VFM chief officer Peter Perotti said the plans were suitable for investors of all ages from students planning for their future to older employees who would like to invest some of their disposable income efficiently.
“By investing a small amount of money every month, investors will average out the cost of their investment as they will be buying shares at different prices every month depending on market performance at the time,” Mr Perotti added.
Information on VFM’s Monthly Investment Plans may be obtained from VFM, Bank of Valletta branches or licensed financial intermediaries.