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Unit trust: Difference between revisions
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[[ | Unlike [[investment trust]]s [[unit trust]]s are [[open-ended]] investments; therefore the underlying value of the assets is always directly represented by the total number of units issued multiplied by the unit price less the management fees and any other associated costs. Each fund has a specified [[investment objective]] and is controlled by a an [[investment manager]] | ||
{{ | {{sa}} | ||
*[[Open-ended investment company]] | *[[Open-ended investment company]] | ||
*[[Investment trust]] | |||
*[[UCITS]] | *[[UCITS]] | ||
{{C|investment management}} | {{C|investment management}} | ||