Investing in a unit trust is a great way to diversify your portfolio and gain access to a range of investments. A unit trust is a pooled investment fund that is managed by a professional fund manager. The fund manager will invest your money in a range of assets, such as stocks,
A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed by a fund manager. Unit trusts offer access to a wide range of investments, and depending on the trust, it may invest in securities such as shares, bonds, gilts, and also properties, mortgage and cash equivalents. Those investing in the trust own "units", whose price is called the "net asset value" (NAV). The number of these units is not fixed and when more is invested in a unit trust, more units are created.