Education
An investment fund is a collective management tool: the financial resources of various people are pooled and jointly invested in the financial markets. In this way an investor, by participating in a fund, entrusts his/her savings to one or more finance professionals organised in the form of a management company.
Unit trusts (mutual funds) are investment banks whose purpose is to invest the funds pooled by investors. Their objective, via the management of a series of assets, is to create value for the fund managers and for the investors who invest their money.