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Unit Trusts Performance and Prospects

Unit Trusts Performance and Prospects A unit trust is a vehicle by which a large number of investors can pool their varying amounts of money into one trust fund. In return they are issued with units in proportion to the fraction of the fund that they own. The fund is then invested, by the managers, on the Stock Exchange. Investors buy units from the managers at what is known as the offer price and can sell them back to the managers at what is known as the bid price. These purchases and sales can be made through direct contact with the managers or via an agent such as a bank, stockbroker, accountant or solicitor. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management Decision Emerald Publishing

Unit Trusts Performance and Prospects

Management Decision , Volume 16 (3): 71 – Mar 1, 1978

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0025-1747
DOI
10.1108/eb001155
Publisher site
See Article on Publisher Site

Abstract

A unit trust is a vehicle by which a large number of investors can pool their varying amounts of money into one trust fund. In return they are issued with units in proportion to the fraction of the fund that they own. The fund is then invested, by the managers, on the Stock Exchange. Investors buy units from the managers at what is known as the offer price and can sell them back to the managers at what is known as the bid price. These purchases and sales can be made through direct contact with the managers or via an agent such as a bank, stockbroker, accountant or solicitor.

Journal

Management DecisionEmerald Publishing

Published: Mar 1, 1978

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