DATA from the Financial Services Commission (FSC) indicate that the total assets of the private pension plan industry as of September 30, 2020 stood at $639.29 billion. Thirty-seven per cent of this $639.29 billion is invested in “pooled investment arrangements” (that is, mutual funds or unit trusts). This is the single-largest concentration in any asset class.

In other words, pension fund managers primarily use pooled funds to store value and generate returns. But what are pooled investment arrangements? Why is the concentration so high? And if this is a good thing, is it possible for me to buy these investments myself?

https://www.jamaicaobserver.com/sunday-finance/when-mutual-funds-are-a-good-substitute-for-a-pension-plan_217469?profile=1056