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What is share ?
A stock company divides its capital into shares, which are offered for sale to raise capital, termed as issuing shares. Thus, a share is an indivisible unit of capital, expressing the proprietary relationship between the company and the shareholder.
Investors were given stock certificates as evidence of their ownership of shares. In modern times, certificates are not always given and ownership may be recorded electronically by a system such as CREST.
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What is mutual fund ?
A mutual fund is a type of professionally managed collective investment vehicle that pools money from many investors to purchase securities.
While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies." Most mutual funds are "open-ended," meaning investors can buy or sell shares of the fund at any time. Hedge funds are not considered a type of mutual fund.
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What is unit trust ?
A Unit Trust fund is a professionally managed investment fund, which collects the resources from individual investors or corporate investors with similar investment objectives.
With the large sum of capital, fund managers can invest the money into stock market, bonds, money market, property or others according to the investment objectives of the fund.
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