A generic term for investment products such as unit trusts which are managed by professional managers on behalf of numerous individual investors. The term 169 collective investments170 covers a wide variety of investment schemes, with the clearest common characteristic being the involvement of a professional manger who manages the total fund or collection of assets to produce a return which is shared by all investors. A common form of collective investments is a unit trust, but there are numerous other types (eg. racehorse syndicates, agricultural plantation schemes). Most are subject to regulation under the Corporations Law as prescribed interests. (See also Commingled Funds and Pooled Investments).
Scheme A way of pooling small contributions from lots of people into a single investment fund.
A general term for investments, such as unit trusts, which are managed by professional managers on behalf of investors.
These are investments such as unit trusts and investment trust schemes, where money is pooled from lots of people investing their contributions. back
a fund which takes money from a number of private investors and pools it together
a pooled fund, which gives a professional fund manager control of the investments on behalf of private investors
An investment vehicle that combines the assets of various individuals and organisations in order to create a single, well-diversified portfolio.
A structure that allows individuals to have a proportionate interest in a pool of investments, e.g. Unit Trust, OEIC, Investment Trust, or Insurance Bond.
Investments such as unit trusts and investment trusts schemes
An investment fund, such as a unit trust, investment trust or OEIC, that pools together the money of thousands of investors and invests it on their behalf.
Investments such as unit trusts, investment trusts schemes and open ended investments schemes are examples of collective or pooled investments.
An investment product that is professionally managed on behalf of a group of individual investors.
An investment vehicle which can allow a number of investors to participate and where the money is used to create a portfolio of investments thus diversifiying risk.
