Unit trust: Difference between revisions
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imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Investment trust]] | |||
* [[Open-ended investment company]] | * [[Open-ended investment company]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 15:18, 10 December 2021
UK.
A unit trust is a vehicle for small investors to invest, indirectly, in listed securities.
The small investors buy units in the unit trust, and the trust invests in a portfolio of listed securities.
A unit trust is similar to an open-ended investment company, except that the units in the unit trust are not themselves listed.
