Unit trusts need to be viewed in terms of your strategy. If your strategy is to stay local - then your unit trust must demonstrate an ability to outperform the market over a period of at least 5 years (Satrix40 represents the market). Very very few local unit trusts are able to do this. If your strategy is to go offshore, then naturally satrix is not a fair comparison. If your strategy is resources, then compare your fund against Satrix resi. If financials - then against the Satrix fini. Most important point about a unit trust is consistent long term year on year performance - that separates the winners from the ones capitalizing on blind luck. Then make sure that the fund manager is still the same. Doesn't help to jump on board only to find out that the wizard has moved to another fund. This is just my opinion, of course!