Investment funds are collective investment vehicles, meaning people’s money is pooled together and invested by a fund manager into a basket of assets, such as shares.

There are four main types of funds available:

  • Unit Trusts
  • OEICs
  • Investment Trusts
  • Exchange-traded Funds (ETFs)

They can be active or passive, focus on specific asset classes, have varying objectives, investment risks associated or implement different strategies.