Unit trust: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: Linked pages and Handbook of International Financial Terms.) |
imported>Doug Williamson (Links ordering.) |
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''UK'' | ''Investment - UK''. | ||
A unit trust is a vehicle for small investors to invest, indirectly, in listed securities. | A unit trust is a vehicle for small investors to invest, indirectly, in listed securities. | ||
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== See also == | == See also == | ||
* [[Investment]] | |||
* [[Investment trust]] | |||
* [[Open-ended investment company]] | * [[Open-ended investment company]] | ||
* [[Security]] | * [[Security]] | ||
* [[Trust]] | |||
* [[Undertaking for collective investments in transferable securities]] | * [[Undertaking for collective investments in transferable securities]] | ||
* [[Unit]] | |||
* [[Vehicle]] | |||
[[Category:Financial_products_and_markets]] |
Latest revision as of 19:10, 20 October 2022
Investment - 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.