What is a unit trust?

Unit trusts (and mutual funds as they are sometimes known) are professionally managed investment schemes that pool the money of like-minded investors together to invest into equities, bonds, and currencies. 

Many individual investors in Hong Kong find unit trusts to be a cost effective and simple way to access global equity and bond markets. For instance, with as little as US$1,000, you can invest in a global equity unit trust that invest in a basket of over 50 stocks, providing you access to the best investments around the world and maximum diversification.