Mutual FundsDividend Stripping Floating Rate Funds Growth Option Dividend Reinvestment Plan (DRIP) Folio Switching
Unit Trust
Unit Trusts are a popular choice for individual investors due to their diversification and professional management.
A Unit Trust is a type of investment vehicle that operates under the framework of a trust deed. This financial structure allows for the pooling of funds from multiple investors into a single fund, which is then managed by a professional fund manager. Individual investors often find Unit Trusts attractive due to their potential for diversification and the expertise of the fund manager. Unit Trusts provide a convenient and accessible way for individuals to participate in the financial markets.
Related terms
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