Generally no, unless you really have no choice. Unit Trust have typical high
management fee of 0.75% to 2.5% - that’s a rough average of 1.5% less profit
per year. Over 25 years that accumulative 1.5% less profit per year could lower your portfolio returns by about 31.5%! Imagine getting 30% to 40% less than what you could
have! Search online for the relevant maths, compound interest works in reverse
too. If you wish to implement your own Permanent Portfolio, you should be savvy
enough to directly invest in passively managed index funds, ETF, bonds, gold
and Short-term Treasuries instead. I liquidated my unit trust investments and
put the cash into my Permanent Portfolio instead - I expect my Permanent
portfolio to do better than my previous unit trusts investment and it did. Also
note that unit trust or funds consisting of gold mining companies cannot be
used in place of gold commodity itself.
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