What is fund?
Funds, which includes mutual funds and unit trusts, gather money from many investors to make investments.Depending on the type of fund you invest in, your money is pooled with other investors into different types of underlying assets, such as stocks, bonds and similar assets. A fund manager chooses the investments and each investor owns a proportion of the total fund, according to how much money is put in.This information is extracted from the website of Investor and Financial Education Council ("IFEC") and the Chin Family platform. For details, please visit: https://www.ifec.org.hk/web/en/investment/investment-products/funds/index.page.
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