In past years, I made several ILP investments. A separate policy was issued to me on each occasion.
I found it difficult to track so many different policies.
Recently, I requested for my investments to be consolidated into three policies, as follows:
* Growth fund (for my SRS investments)
* Global Equity fund (for my cash investments)
* Technology fund (for my cash investments)
It is easier for me to keep track of 3 separate policies, each invested in 1 fund.
I will also save on the policy fee payable for each policy.
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