2007-02-19 19:50:14 · 3 answers · asked by steven_huckle 1 in Business & Finance ➔ Investing
A unit trust is a form of collective investment constituted under a trust deed
2007-02-19 19:53:30 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A unit trust is a form of collective investment constituted under a trust deed. If it is equity dependent and participating in stock market it is called open ended. Public investment in UK is with minimal risk. In India it is UTI unit trust of India and generally fares badly because of lavish spending like sponsoring unproductive institutions like KBC.
2007-02-19 19:58:07 · answer #2 · answered by J.SWAMY I ఇ జ స్వామి 7 · 0⤊ 0⤋
a cost efficient way of buying stakes in several companies at once.
The trust owns a variety of shares, when you buy a unit in the trust you have exposure to the shares though the trust but you only have to pay commission for one trade.
2007-02-20 10:56:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋