Buying shares of a listed company represents part-ownership in a business concern. If you buy shares of a listed company, you become a shareholder and become vested with shareholder rights which include voting at the company’s Annual General Meetings.
This is a professionally managed pool of funds from a group of investors that share the same investment objectives. These funds are pooled together to buy a diversified portfolio of products (or product mix) on the investments market. Each investor has a proportional stake in the portfolio based on how much money he or she contributed. The word “unit” refers to the portion or part of the Portfolio that is owned by the investor.
Debt instruments are paper or electronic obligations that enable the issuing party to raise funds by promising to repay a lender in accordance with terms of a contract. Types of debt instruments available locally include notes, bonds, and debentures. Semi fixed income instruments like preference shares are also available.