Investing Basics: What are investment funds?
23 October 2022
Investment funds are collective investments that pool investors’ money to buy and sell shares or other assets in a range of companies to maximise profits and reduce risks
Unit Trusts, Open Ended Investment Companies (OEICs) and Investment Trusts are types of ‘actively managed funds’ where a fund manager buys and sells investments in an attempt to outperform the market or a benchmark.
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