A unit investment trust or UIT is a pooled fund that is structured as an investment company and pools money from investors to have a larger capital for investing
Tag: Pooled Funds
It is a bit hard to draw the difference between unit investment trusts and mutual funds for novice investors or those who do not have a foundational understanding of
There is a sizeable selection of mutual funds to choose from. This is one of their advantages. Remember that each fund represents a basket of investments composed of different
One of the easiest routes to investing is via pooled funds or investment funds. A particular fund represents a basket of investments composed of different securities and assets. This
There are a lot of pooled funds to choose from. The most popular ones among individual or retail investors are exchange-traded funds or ETFs, mutual funds or MFs, and
An index fund is a pooled fund of stocks or bonds that is accessible through several types of pooled funds like exchange-traded funds, mutual funds, unit investment trusts, and
A mutual fund is one of the common types of an investment fund or pooled fund that pools money from different investors to mutually buy a variety of securities
Investing in pooled funds like exchange-traded funds and mutual funds provides a more convenient route toward building a personal investment portfolio and meeting personal investment goals and objectives. These
Legendary investor Warren Buffet of Berkshire Hathaway swears by index funds. He has argued that this is the best investment option for younger and first-time investors and even for
It was in 1963 when American multinational financial services corporation Fidelity Investments launched its Fidelity Magellan Fund. This actively managed mutual fund later became one of the best-known funds