Step 1 of 3: What
is a unit trust?
It is a pool of money (a trust) that you can contribute to. (When you do, you own 'units' of this trust). This pool of money is invested by professional fund managers into:
| Stocks | (generally medium to high risk) |
| Bonds and other fixed income instruments | (low to medium risks) |
If the value of the investments which the unit trusts invest in increases, your 'units' will be worth more than the price at which you bought it (i.e., you make money!)
