Unit trust

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Revision as of 14:18, 21 August 2018 by imported>Doug Williamson (Classify page.)
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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.


See also