unit trust
Collective investment vehicle
A unit trust is a type of investment fund where money from multiple investors is pooled to buy a portfolio of securities.
Investors own units representing their share of the fund's holdings.
The term is primarily British; the American equivalent is a mutual fund.
She put her savings into a unit trust for long-term growth.
- mutual fundPooled, managed investment vehicle
- fund managerOversees pooled investment assets
- unitholderOwner of fund portions
- index fundInvestment matching market benchmark
- bondBinding tie or connection
portfolio management · diversification · capital gains · income distribution · net asset value · collective · investment vehicle · fund · tax regulations · institutional investor · retail investor · financial adviser · fiduciary duty · share · pooled · asset allocation · investment strategy · contract
- investment fundsmutual funds, mutual fund, hedge funds, index fund, index funds
- truststrusts, trustee, trustees, beneficiary, grantor
- business entitiescorporation, LLC, sole proprietorship, partnership, company
unit trusthedge fund
Private investment partnership
private equity · venture capital · real estate investment · annuity · pension fund