Managed funds pool the money of many individuals and are invested by a professional fund manager in a range of asset classes (e.g. shares, property and fixed interest).
Each investor is allocated a number of ‘units’, making you a ‘unitholder’. Each unit represents an equal amount of the market value of a fund.
During the year a fund can earn income in the form of dividends or interest and benefit from growth in the value of its investments. It may also make profits on the sale of its investments.
MASU can help you choose the right managed fund for your needs and Risk Profile.