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This article covers the benefits and drawbacks of investing in a CIS, as well as how to go about finding one that suits your needs.What is a collective investment scheme?A collective investment scheme is an arrangement or agreement between people for pooled investments.
You can invest in groups so that you have less risk of losing everything you invest, which is the case when investing individually.Examples of collective investment schemesThese investments may also be called collective investment schemes or pooled funds.
They offer an alternative to unit trusts and open-ended investment companies.
Collective investment schemes are managed by professional fund managers, but the investor owns the scheme rather than shares in it.
The second step is to find other people who are interested in investing.
The third step is to make sure that your plan satisfies the legal requirements.
