Advantages: Efficient, reliable and reasonable value
Disadvantages: No obvious problems
...unit trusts come in. Instead of risking your capital on a small selection of equities (which, let's face it, is as much as most small investors could manage given the costs of share-dealing etc.), you can pool your money with that of hundreds or thousands of others into one large fund. This fund is then run by a professional manager or company such as Nationwide Unit Trust Managers (or NUTM for short...
03.04.2003 14:41 ·
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Review of Nationwide Unit Trust Managers