Zusammenfassung der Ressource
Property: Authorised Unit Trusts
- Can invest in the shares of property
companies or directly in property.
- Cannot borrow as easily like property
companies so cannot gear up.
- Price of units is directly linked to value of investments held, unlike property
company shares which are also subject to general economic conditions.
- Permitted to delay redemptions to raise money for investors.
Maximum period between redemptions is six months.