A unit trust is a form of collective investment constituted under a trust deed. Found in Fjji, Ireland, the Isle of Man, Guernsey, Jersey, New Zealand, Australia, Namibia, South Africa, Singapore, Malaysia and the UK, unit trusts offer access to a wide range of securities. Unit trusts are open-ended investments; therefore the underlying value of t...
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An investment vehicles that allows investors to pool money. The fund grows or shrinks as investors add or withdraw money from it....
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Fund of stocks and shares held by a manager for the benefit of investors. Individuals buy units in the fund, which then invests in a wide range of shares. This approach offers small investors the opportunity to pool their money with others and benefit from a greater spread of risk and investment opportunities. British equivalent of an American mutu...
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In the United Kingdom and other foreign markets, an open-end mutual fund.
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An investment or company fund which pools together customers' money allowing them to increase the types of shares they can invest in, therefore improving the risk. Many unit trusts have now become OEIC's, see Open Ended Investment Companies in this glossary.
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Pooled fund that is established under trust. If there is a demand for units, the manager creates more units for sale to investors. If investors wish to redeem their units, the manager buys them back and cancels them. The change in price is driven by changes to the value of the portfolio rather than supply and demand.
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A unit trust is a collective investment whereby investors' monies are pooled so the trust can purchase a broad range of investments based on its aims and objectives. Investment into the trust can usually be made with a lunp sum or on a regular basis. Unit Trusts are open ended. This means there are not a limited number of units in issue, if demand ...
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A portfolio of holdings in various companies, divided into units and managed by professionals.
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Company that invests its clients' funds in other companies. The units it issues represent holdings of shares, which means unit shareholders have a wider spread of capital than if they bought shares...
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A unit trust is a trust that invests its funds in a spread of equities or fixed interest securities. A professional manger runs the portfolio. You buy units in the unit trust, the amount you pay being added into the unit trust's funds. The price you pay for the units is based on the value of the unit trust's investments. You can sell your units bac...
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a trust people invest their money in.
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A fund which raises money from a number of investors, usually investing only a small amount each, which is then invested on their behalf by a fund manager in a range of shares, securities, bonds, etc
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A fund which raises money from investors and invests it in a range of securities.
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Unit trusts are collective funds which allow private investors to pool their money in a single... <a target=_blank href='http://www.finance-glossary.com/terms/unit-trust.htm?id=1493&ginPtrCode=00000&PopupMode=false' title='Read full definition of unit trust'>more</a>
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Fund of stocks and shares held by a trustee for the benefit of subscribing investors; an easy means of obtaining a spread of investments. The British equivalent of a mutual fund.
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Private individuals pool their contributions with others, which combine to form a large fund. The fund invests in a spread of different assets to minimise the risk of loss. Also known as collective/pooled investments or investment funds. Unit trusts are usually dual priced although some can be single priced
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An open-ended fund in the form of a legal trust, which issue units rather than shares.
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A unit trust is a trust that invests its funds in a spread of equities or fixed interest securities. A professional manager runs the portfolio. You buy units in the unit trust, the amount you pay being added into the unit trust's funds. The price you pay for the units is based on the value of the unit trust's investments. You can sell your units ba...
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Company that invests its clients' funds in other companies. The units it issues represent holdings of shares, which means unit shareholders have a wider spread of capital than if they bought shares on the stock market. Unit trusts appeal to the small investor, and in recent years, business generated by them has increased rapidly. Many unit trus...
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Also calledan investment company that has a fixed portfolio of securities, usually of a single type, such as municipal bonds or corporate bonds, which are held to maturity: each investor receives a share in the amount proportionate to his or her holding. · Also calledan inflexible type of mutual fund in which each investor is obligated to i...
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