Unit Trust Vs Mutual Fund
Mutual funds and unit investment trusts are both investment vehicles that allow investors to own a pool of different stocks bonds or other asset classes in one single unit.
Unit trust vs mutual fund. Both mutual funds and unit investment trusts pool money from investors and purchase securities. Mutual funds seem to be the clear leader in the open ended fund world with more than 16 trillion in net assets as of 2016. Unit investment trusts know what you re dealing with. Funds are continuously offered with changing portfolios while uits are one time purchases with static portfolios.
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