Advantages and disadvantages of unit trust

At a glance

• A unit trust is a fund where money from many different investors is pooled together and used to invest in a portfolio of assets
• Since there’s no fixed supply of units, the price of your units isn’t influenced by demand for that trust
• Using Lipper data in collaboration with Moneyfacts, we've listed some of the best performing unit trusts this month. 
• Investing your money into the right unit trust could be a great way to expose your portfolio to shares, bonds, and other investment vehicles. Plus, if you’re a novice investor, it offers the peace of mind that your money is being managed by a trained professional.
• However, there are some caveats to note before putting your money into a unit trust.