The unit trust and mutual fund markets are growing. News earlier this month is that Scotia Investments has launched two new funds and that JN Mutual Funds is also to launch two.

Already, there are eight operators of unit trusts, which manage 63 funds; and one mutual fund company, JN Mutual Funds, which operates six funds.

These collective investment schemes are giving investors, including very small ones, a good opportunity to participate in the securities market by investing in diverse portfolios. The principal assets in which these funds invest are equities, real estate, money market instruments, and bonds.

https://jamaica-gleaner.com/article/business/20220130/oran-hall-more-pooled-investment-funds-more-opportunities-investors