Unit Trust: related pages
OEIC
Open Ended Investment Company: a type of collective investment fund that is incorporated but open ended.
ETF
An investment fund, units of which can be bought and sold on a stock exchange. Often used by tracker funds.
Investment trust
Companies whose sole business is to manage the investments it owns. A somewhat misleading term used for historical reasons.
REIT
A collective investment scheme that allows tax efficient investment in property.
Benchmark index
The index or other measure against which the performance of a fund or portfolio is measured.
Fund mandate
The parameters within which a fund should invest.
Fund of funds
A collective investment vehicle that invests in other funds.
Tracker fund
A collective investment vehicle that is designed to replicate the performance of a particular index.
Copyright Graeme Pietersz © 2005-2019