Trust Bank Income Fund first dividend in.
Dear all,
As a part of my experiment to find another additional fund to replace Greatlink Multi-Sector Income Fund and US Income and Growth Fund, I put in $1,000 into Trust Bank Income Fund which is available exclusively for the Trust Bank clients. The income fund was run by Aberdeen which is a highly reputable international fund house.
My initial thought after the investment was that the dashboard was not as interactive and informative when compared to SYFE Pimco Income Fund. But this is the early stage for Trust Bank, so I would expect the interface to improve.
My initial investment for Trust Bank Income Fund took a hit because of US tariff which caused the total value to drop by 3%. It was made worse by my long wait for the income dividend payout. It was a day before Good Friday where I received the payout of $5.23. It was pretty decent return of 0.523% which is comparable to the Greatlink funds as well as SYFE Pimco Fund.
I would think that I would continue to invest in Trust Bank Income Fund but my priority will be to continue to build up my SYFE income fund till the size of $100,000 before I move on to build the next income fund.
P.s. Not a financial advice. Please treat this as the rambling of an middle age uncle.
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