A unit trust is an investment vehicle that raises funds through the sale of units and invests the funds collectively.

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A unit trust is a collective investment scheme where investors pool their money together to invest in a professionally managed portfolio of assets such as stocks, bonds, and real estate. In return, investors receive units, which represent a proportionate share of the fund's assets and earnings. Unit trusts allow for diversification, professional management, and easy access to different markets and asset classes.

A Unit Trust Is an Investment Vehicle That Raises Funds