This is any investment where you make a regular payment into. These plans are taken for a period of time which can be fixed or on going. These investments are normally made of a number of collective investments under a named fund.
Ideal for people that want to invest and save at the same time who do not have a large sum of money. This allows them to be part of a greater fund that invests in a number of investment categories.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.