Funds are not a standalone asset class, but rather a scheme where lots of investors put their money together, and then have the money invested into lots of different assets like shares, bonds, or cash – giving you lots of diversification at once. There are many types of funds, for example, active funds (where there is a professional fund manager who decides where and how to invest the money), and passive funds (where the money in the fund is invested in a market index e.g. Top 50 companies in the NZ market).
Guides to funds and fund related concepts.
Reviews and Comparisons
Reviews and comparisons between funds and fund platforms.