This description provides an overview of the process of investing in a trust. A trust is a legal entity that allows you to transfer assets to a trustee who will manage them for the benefit of a beneficiary. Investing in a trust can provide tax benefits, asset protection, and estate planning. When
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.