What is the meaning of Unit trust?

Unit trust is the category of investment known as a mutual fund in the US is called a unit trust in other parts of the world.

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APABarry Goldsmith. (2010). unit trust. Retrieved September 21, 2026, from http://smartdefine.org/unit_trust/definitions/1165938
ChicagoBarry Goldsmith. 2010. "unit trust" http://smartdefine.org/unit_trust/definitions/1165938 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, unit trust, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/unit_trust/definitions/1165938>.
MLABarry Goldsmith. "unit trust" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/unit_trust/definitions/1165938>
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