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What is a Unit Trust and How to Pick One?

A unit trust is a type of collective investment scheme that is popular in countries such as the UK, Australia, and South Africa. In some way it is similar to the mutual funds investment that is popular in the US. It is a quite a unique type of investment in other ways though, and anyone who is planning to choose this option might want to investigate carefully. The unit trust was first introduced in the UK back in 1931, and it has become quite popular since that time.

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What is a Collective Investment Scheme and How does It Work?

Many of us these days are looking for ways to secure our financial future; the recent economic woes around the world have only made this need more pressing. There are many different opportunities to make money and one of these is a collective investment scheme. This is not something that is going to work for everyone and there are certainly some risks involved. The returns though can be high and it is worth considering if this option could work for you. Read the rest of this entry »

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