A unit trust (unit investment trust) holds a fixed portfolio of specified assets, such as tax-exempt bonds, Ginnie Maes, corporate bonds, or certificates of deposit. The trust issues redeemable ...
<div class="Section1">A unit trust (unit investment trust) holds a fixed portfolio of specified assets, such as tax-exempt bonds, Ginnie Maes, corporate bonds, or ...
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Unit trusts craze as assets hit Sh700bn

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 ...