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Unit Price
The price for each unit of a unit trust. This is calculated by dividing the value of the assets of the trust by the number of units on issue to investors.
The price for each unit of a unit trust. This is calculated by dividing the value of the assets of the trust by the number of units on issue to investors.
Unit Trust
An investment where a number of individuals place their money with a professional manager who manages the total fund on their behalf. Also known as a pooled investment or managed investment.
An investment where a number of individuals place their money with a professional manager who manages the total fund on their behalf. Also known as a pooled investment or managed investment.
Units
A share of a unit trust or managed fund which represents an entitlement to the asset within the fund.
A share of a unit trust or managed fund which represents an entitlement to the asset within the fund.
Unrealised Capital Gain
Occurs when an investment increases in value, but is not sold or realised.
Occurs when an investment increases in value, but is not sold or realised.