Unit Trusts?

Question

I am in the future looking to invest in to unit trusts because I will only be buying small amounts of stock every now and then through out the year, could someone give me some more info on unit trusts because I cannot seem to find much information?

Answer 1

Unit trust, are one of the best investments ever created because they are very cost efficient and very easy to invest in.

Fund manager who is responsible for your investment can purchase stocks or bonds with much lower trading costs than if they tried to do it on your own.

When you invest in a mutual fund, you are buying shares (or portions) of the mutual fund and become a shareholder of the fund.

Suggestion: Growth fund or saving fund.

Minimum investment for unit trust is 1,000 only.

Be a smarter investor and let the expert make money for you..

Answer 2

Unit trusts are a “pooled” investment that allow you to invest in a wide and diverse range of shares, rather than just being able to buy a few.  They are run by a fund manager who makes all the decisions as to which shares to buy and when to sell.  Regular savings unit trusts start from around £50 per month and you can stop contributions at any time.  www.H-L.co.uk has more details on unit trusts and shows reviews of funds that have been chosen as potential winners, known as the Wealth 150.

Disclaimer:

The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances.  To find and IFA please call 0800 085 3250 or go to http://www.unbiased.co.uk.

Answer 3

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