What is the differance between a trust & a fund?

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What is the differance between a trust & a fund?

Thanks.

2007-03-06 09:25:30 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing

2 answers

I am not a lawyer but a trust can have a different beneficiary/ies than the person(s) who brought assets into it. For instance parents put assets in trust but the children are the beneficiaries.

2007-03-06 09:31:22 · answer #1 · answered by Anonymous · 1⤊ 0⤋

Geography. What is called a "mutual fund" in the U.S. is called a "unit trust" in the UK... This said, there are other types of funds (some of which exist in the UK) and other types of trusts (some of which exist in the U.S.)...

2007-03-06 10:18:45 · answer #2 · answered by NC 7 · 1⤊ 0⤋