Wanting information on unit trusts | Fin24
 
  • Credit Rating

    'I think Moody's will be happy' - President Ramaphosa says plan to deal with Eskom's debt is imminent.

  • 'No Basis in Fact'

    The PIC commission has slammed Iqbal Survé’s claims about Minister Pravin Gordhan.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Wanting information on unit trusts

May 30 2018 19:02

A Fin24 user wants to know about unit trusts and where to find those types of investments.

Thandi Ngwane, head of strategic markets at Allan Gray, responds:

A unit trust is a type of investment that provides you with easy and affordable access to financial markets.

Your money is combined with the money of other investors who have similar investment goals.

The investment managers use the pool of money to buy underlying investments to build a portfolio that is then split into equal portions called "units".

Units are allocated to you according to the amount of money you invest and the price of the units on the day you buy them.

Usually you have access to your money at any time and you can start investing with as little as R500 a month.
 
You can invest in unit trusts from a number of assets managers.

To find out more you can sign up for the Investing 101 newsletter

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

unit trusts  |  investment  |  money
NEXT ON FIN24X

 
 
 
 

Company Snapshot

#MINIBUDGET2019

Struggling power utility Eskom will take centre stage at this year's mini budget
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...