What is a unit trust?

Looking to invest your money? Discover all you need to know about unit trusts in this expert money advice guide. A unit trust allows you to pool your money with other investors and buy shares as a group. With a unit trust, a fund manager buys bonds or shares in companies on the stock market on behalf of the fund. This helps spread the financial risk. Returns from funds are typically paid through distributions. These can be monthly, quarterly or every six months, depending on the type of fund that you invest in. For more expert advice on which types of unit trusts are right for you visit https://ift.tt/2MI2Cii Which?: http://www.which.co.uk Twitter: https://twitter.com/whichuk Facebook: https://ift.tt/1fAOmna