When an investor purchases units in a unit trust,this is known as ________ investing.

Question

Quizplus · Accepted Answer

When an investor purchases units in a unit trust or mutual fund, they are not directly investing in individual securities or assets. Instead, they are indirectly investing in a diversified portfolio managed by professionals. Therefore, this type of investing is known as indirect investing. Choices A, B, and D are not applicable in this context.

When an Investor Purchases Units in a Unit Trust,this Is