Unit investment trusts are one of three basic types of investment companies.

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Such income producing strategies may include bonds, dividend paying equities, mutual funds, closed-end funds, exchange-traded funds ( ETFs) and unit investment trusts (UITs), to name a few.

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Like unit trusts, investment trusts invest in securities.

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One way to do it is to invest in a selection of the hundreds of investment trusts and thousands of unit trusts available.

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But of course there are specialists - there are expert managers out there in the form of unit trusts managers, investment trust managers and all of these people are there to help.

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Recently, however, other investment products, especially unit trusts (mutual funds), have flourished.

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