According to the Investment Company Institute (ICI), data on the market value of unit investment trusts (UITs) issued and outstanding as of year-end 2012 indicates a total of 5,787 trusts with a value ...
A unit trust is an investment, usually good for beginning investors, that is similar to, but not the same as a mutual fund. Unit trusts pass profits directly to investors instead of reinvesting them ...
Before the Covid 2020 pandemic, the phrases unit trusts, collective investment schemes and money market funds or MMFs were barely in the public consciousness. Today, the term MMF is certainly a ...
What does “risk” really mean in investing, and why should the public not be afraid of it? At the mention of the word risk in terms of investing, especially in a Sri Lankan context, there can be a ...