Definition
An 'investment trust' is a type of company that invests money on behalf of its shareholders. 🤝 It's like a fund that's set up as a public company, where you can buy and sell shares just like any other stock. The trust uses the money raised to invest in a variety of assets, such as stocks, bonds, or property. They aim to generate returns for their shareholders. Think of it as a professionally managed portfolio you can easily invest in. They're similar to a curated playlist, offering a mix of investment options.