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Unit Trusts
Unit Trusts are funds where many investors money is pooled into one investment and are invested directly in the stock market. Individual investors are provided with greater security and can see a higher return through economies of scale than if they had invested themselves in stocks and shares.
There are many factors to consider when investing in a Unit Trust. Firstly, choosing a fund with a good history is a must. Secondly, Unit Trust funds will tend to vary in the fees they charge for running the fund, both initially and annually. While it is worthwhile shopping around for Unit Trusts that do not command too high a fee, this must not come at the expense of the quality of the fund and fund manager. There’s no point in saving money in investing in the fund when you could see a loss on your return overall once the investments are made.
It is sensible to pick the right Unit Trust for the appropriate fee but this is not always easy. Here’s where myfinances.co.uk can help. We will compare Unit Trusts and save you time and money in the process by finding you the best Unit Trusts at affordable prices. Fill in one simple form for a great
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Savings and investment companies and offers
Abbey unveils 5% and 7% regular savings rates
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Anglo Irish Bank cuts bond rates
Leeds delivers inflation-busting savings
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