Unit Trusts are a common type of collective investment.
A unit trust is a large fund of monies and/or investments pooled together and controlled by trustees with the aim of gaining capital appreciation, income, or both.
Unit Trusts are made up of 'units'. Each unit will have both a buying price and a selling price. The difference in these prices includes the fund management charges. The number of units held, multiplied by the current price, gives the current value of an investors holding.
These investments are open ended, which means that units are created every time an investor puts money into the fund, and liquidated when they withdraw money, so that the fund can react to demand and continually grow through prosperous periods.
Investors can then enjoy the benefits of larger investments including discounts, however during periods of poorer performance, the fund may need to sell assets to enable investors to withdraw their monies, so the fund size is reduced.
Trafalgar International fully advised on, and managed the transfer of my UK held private pensions into QROPS.
Over a number of one to one personal meetings I received advice outlining the process and advantages of QROPS for someone living outside of the UK.
All my questions were answered and clarification provided when requested.
I have been very pleased with the service provided by Trafalgar International.
My husband and I have become fond of our adviser at Trafalgar International thanks to his untiring efforts with our financial.
They are trustworthy and honest and always gives us a thorough and professional service.
I would happily recommend Trafalgar International to anyone seeking financial advice.
Trafalgar International have been our Financial planners for some time and has always given a good service.
They always seems to have time for us and are both good at their job and a pleasure to deal with.
As professional financial advisers we can help you make informed decisions about your financial future, short, medium and long term.
A well prepared pension plan which is regularly reviewed should go some way to providing you with a reasonable level of income in your retirement.Read more
Qualifying Recognised Overseas Pension Scheme