🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 117 (from laksa104)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa117.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://eqi.co.uk/info/funds/types\')), getAhrefsUnparsedNoserviceFromURL(\'https://eqi.co.uk/info/funds/types\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/eqi.co.uk\/info\/funds\/types","crawl_time":1775321745,"first_indexed_time":1592107339,"http_code":200,"src_unparsed":"uk,co,eqi!\/info\/funds\/types s443","src_root_hash":"11358783285406319117","history_drop_reason":null,"meta_title":"What are funds, ETFs and investment trusts? | EQi","meta_descriptions":["When it comes to self-investing, find out what features funds, exchange traded funds and investment trusts have in common"],"attrs_boilerpipe_text":"Funds, ETFs and investment trusts all share some common characteristics and advantages\nThree types of funds\nThere are three types of funds: funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (ETFs) and Investment Trusts\nA basket of shares\nRather than buying shares in individual companies, funds give you access to a broad group of assets in a single investment\nA range of categories\nFunds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure\nWhat is a\nfund?\nA fund is an umbrella term for an investment vehicle which pools together money from many investors, and where you benefit from expertise within the fund.\nWhether funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (both\nphysical and synthetic\n) or Investment Trusts, they give you access to a group of financial assets without having to buy them individually.\nFunds are a simple way to invest in a range of leading companies where managers decide which companies to invest in, when to invest and how much of a fund’s money to commit to a particular company.\nThese ready-made baskets of securities are a great way to invest a diversified portfolio, with low ongoing fees, ease of trading and flexibility all adding to their appeal.\nBut you’ll need to be in it for the long-term, at least five years. That way you have a better chance of riding out any short-term market volatility and enjoying greater returns.\nInsights\n01.02.20\nGrowth, income or preservation funds - which are right for you?\nLearn more\r\n \nInsights\n18.01.18\nLetting income funds do all the work\nLearn more\r\n \nInsights\n23.01.18\nWhat are the different types of ETFs?\nLearn more\r\n \nInsights\n01.02.20\nGrowth, income or preservation funds - which are right for you?\nLearn more\r\n \nInsights\n18.01.18\nLetting income funds do all the work\nLearn more\r\n \nInsights\n23.01.18\nWhat are the different types of ETFs?\nLearn more\r\n \nHow do funds differ from stocks and shares?\nRather than buying shares in individual companies, funds give you access to a broad group of investments in a single investment.\nBy sharing your money around several different asset classes, it is considered lower risk than buying shares in one or two companies as any change to one share can be offset by the performance of the others.\nWhat do funds invest in?\nFunds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure.\nWhat's the difference between open-end and closed-end funds?\nPut simply, open-end means the fund can issue shares at any time, whereas closed-end means only a fixed number of shares are issued, usually at the outset.\nWhat's the difference between active and passive funds?\nActively managed have fund managers in place working to out-perform the markets, while the passive approach tracks a stock market index such as the FTSE 100 in an attempt to replicate its performance.\nIt makes sense then that a passive fund will cost you less than an actively managed fund as typically there are lower levels of management and trading activity.\nList 1\nHow do you know where to start when there are so many funds to choose from? Start with just three, aligned to your appetite for risk. \nView fund picks\nList 2\nAs you build your confidence over time and know what to look for, it helps to have more choice. See our top fund picks, aligned to your investing goals and your appetite for risk.\nView fund picks\nInsight\nESG fund ratings explained\nRead more\nEQi explains\nMore about Square Mile\nFind out more\nEQi explains\nSee Square Mile's fund lists for EQi\nFind out more\nEQi explains\nHow does Square Mile select funds\nLearn more","attrs_markdown":"[\\[Skip To Main Content\\]](https:\/\/eqi.co.uk\/info\/funds\/types#MainContent)\n\n**Cookie Policy**\n\n[Close Policy Banner](\"Close Policy Banner\")\n\nWe use cookies on our website and have placed these on your computer. By continuing to use our website you consent to this. For more information, including how to change your cookie settings and to disable our non-essential Google Analytics cookies, please refer to our [Cookie Policy](https:\/\/eqi.co.uk\/info\/cookie-policy \"Cookie Policy\"). If you do not wish to be reminded of this on each visit, please use the close button.\n\n[![EQi logo]()](https:\/\/eqi.co.uk\/)\n\n[FIND AN INVESTMENT](https:\/\/eqi.co.uk\/info\/search-for-investments \"FIND AN INVESTMENT\") [ABOUT US](https:\/\/eqi.co.uk\/info\/what-we-stand-for \"ABOUT US\") [CONTACT US](https:\/\/eqi.co.uk\/info\/contact \"CONTACT US\")\n\n- [Accounts]()\n  - ISA\n  - - [Why EQi for your ISA?](https:\/\/eqi.co.uk\/info\/isa\/benefits \"Why EQi for your ISA?\")\n    - [ISA pricing](https:\/\/eqi.co.uk\/info\/how-it-works\/new-pricing \"ISA pricing\")\n    - [Which ISA is right for you?](https:\/\/eqi.co.uk\/info\/isa\/types \"Which ISA is right for you?\")\n    - [ISAs explained](https:\/\/eqi.co.uk\/info\/isa\/explained \"ISAs explained\")\n  \n  - SIPP\n  - - [Why EQi for your SIPP?](https:\/\/eqi.co.uk\/info\/sipp\/benefits \"Why EQi for your SIPP?\")\n    - [SIPP pricing](https:\/\/eqi.co.uk\/info\/sipp\/pricing \"SIPP pricing\")\n    - [SIPPs explained](https:\/\/eqi.co.uk\/info\/sipp\/explained \"SIPPs explained\")\n  \n  - Dealing account\n  - - [Why EQi?](https:\/\/eqi.co.uk\/info\/dealing-account\/benefits \"Why EQi?\")\n    - [Investing FAQs](https:\/\/eqi.co.uk\/info\/how-it-works\/faqs \"Investing FAQs\")\n    - [Transfer](https:\/\/eqi.co.uk\/info\/dealing-account\/transfer \"Transfer\")\n  \n  - Lifetime ISA\n  - - [Why EQi for your Lifetime ISA?](https:\/\/eqi.co.uk\/info\/lifetime-isa\/benefits \"Why EQi for your Lifetime ISA?\")\n    - [Lifetime ISA pricing](https:\/\/eqi.co.uk\/info\/lifetime-isa\/pricing \"Lifetime ISA pricing\")\n    - [Lifetime ISA withdrawals](https:\/\/eqi.co.uk\/info\/lifetime-isa\/withdrawal \"Lifetime ISA withdrawals\")\n    - [LISAs explained & FAQs](https:\/\/eqi.co.uk\/info\/lifetime-isa\/explained \"LISAs explained & FAQs\")\n  \n  - Child Trust Fund\n  - - [Why continue investing?](https:\/\/eqi.co.uk\/info\/child-trust-funds\/continue-investing \"Why continue investing?\")\n    - [Manage your maturity](https:\/\/eqi.co.uk\/info\/child-trust-funds\/manage-your-maturity \"Manage your maturity\")\n    - [CTF Forms](https:\/\/eqi.co.uk\/info\/child-trust-funds\/forms \"CTF Forms\")\n    - [CTF FAQs](https:\/\/eqi.co.uk\/info\/child-trust-funds\/faqs \"CTF FAQs\")\n- [Investments]()\n  - Stocks and Shares\n  - - [Stock search](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/search#?universeId=E0EXG$$LTS%7CE0EXG$XLON%7CE0EXG$XBER%7CE0EXG$XDUS%7CE0EXG$XHAM%7CE0EXG$XMUN%7CE0EXG$XSTU%7CE0EXG$XMIL%7CE0EXG$XFRA%7CE0EXG$XDUB%7CE0EXG$XLUX%7CE0EXG$XMCE%7CE0EXG$XNAS%7CE0EXG$XSTO%7CE0EXG$XPLU%7CE0EXG$ARCX%7CE0EXG$XNYS%7CE0EXG$XASE%7CE0EXG$XAMS%7CE0EXG$XBRU%7CE0EXG$XLIS%7CE0EXG$XPAR%7CE0EXG$XCSE%7CE0EXG$XHEL%7CE0EXG$XOSL%7CE0EXG$PINX%7CE0EXG$XSWX%7CE0EXG$XTSE%7CE0EXG$XTSX%7CE0EXG$XETR&investmentType=equities \"Stock search\")\n    - [Make the most of your shares](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/do-more \"Make the most of your shares\")\n    - [Share certificates](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/certificates \"Share certificates\")\n    - [Stocks and shares explained](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/explained \"Stocks and shares explained\")\n  \n  - Funds\n  - - [Find funds](https:\/\/eqi.co.uk\/info\/funds\/search#?universeId=FOALL$$ALL_4219&investmentType=funds \"Find funds\")\n    - [Funds to get you started](https:\/\/eqi.co.uk\/info\/funds\/get-started \"Funds to get you started\")\n    - [Funds to build a portfolio](https:\/\/eqi.co.uk\/info\/funds\/build-up-your-portfolio \"Funds to build a portfolio\")\n    - [Funds for seasoned investors](https:\/\/eqi.co.uk\/info\/funds\/seasoned-investors \"Funds for seasoned investors\")\n    - [Funds explained](https:\/\/eqi.co.uk\/info\/funds\/explained \"Funds explained\")\n  \n  - ETFs\n  - - [Find ETFs](https:\/\/eqi.co.uk\/info\/etfs\/search#?universeId=ETEXG$$LTS%7CETEXG$XLON%7CETEXG$XBER%7CETEXG$XDUS%7CETEXG$XHAM%7CETEXG$XMUN%7CETEXG$XSTU%7CETEXG$XMIL%7CETEXG$XFRA%7CETEXG$XDUB%7CETEXG$XLUX%7CETEXG$XMCE%7CETEXG$XNAS%7CETEXG$XSTO%7CETEXG$XPLU%7CETEXG$XNYS%7CETEXG$XASE%7CETEXG$ARCX%7CETEXG$XAMS%7CETEXG$XBRU%7CETEXG$XLIS%7CETEXG$XPAR%7CETEXG$XHEL%7CETEXG$XCSE%7CETEXG$PINX%7CETEXG$XOSL%7CETEXG$XSWX%7CETEXG$XTSE%7CETEXG$XTSX%7CETEXG$XETR&investmentType=exchangeTradedFunds \"Find ETFs\")\n    - [ETFs explained](https:\/\/eqi.co.uk\/info\/etfs\/explained \"ETFs explained\")\n  \n  - Investment trusts\n  - - [Find investment trusts](https:\/\/eqi.co.uk\/info\/investment-trusts\/search#?universeId=CEEXG$$LTS%7CCEEXG$XLON%7CCEEXG$XMIL%7CCEEXG$XSTU%7CCEEXG$XDUB%7CCEEXG$XLUX%7CCEEXG$XMCE%7CCEEXG$XNAS%7CCEEXG$XSTO%7CCEEXG$ARCX%7CCEEXG$XNYS%7CCEEXG$XASE%7CCEEXG$XPAR%7CCEEXG$XAMS%7CCEEXG$XBRU%7CCEEXG$XLIS%7CCEEXG$XCSE%7CCEEXG$XHEL%7CCEEXG$XOSL%7CCEEXG$PINX%7CCEEXG$XSWX%7CCEEXG$XTSE%7CCEEXG$XTSX&investmentType=investmentTrust \"Find investment trusts\")\n    - [Investment trusts explained](https:\/\/eqi.co.uk\/info\/investment-trusts\/explained \"Investment trusts explained\")\n    - [Investment trust picks](https:\/\/eqi.co.uk\/info\/investment-trusts\/picks \"Investment trust picks\")\n  \n  - Further investment choices\n  - - [Find fixed income](https:\/\/eqi.co.uk\/info\/fixed-income\/search#?universeId=B0EXG$$LTS%7CB0EXG$XLON%7CB0EXG$XBER%7CB0EXG$XDUS%7CB0EXG$XSTU%7CB0EXG$XMIL%7CB0EXG$XFRA%7CB0EXG$XNYS%7CB0EXG$XSWX%7CDFEXG$XLON%7CDBEXG$XLON%7CDREXG$XLON%7CDREXG$XNYS%7CDREXG$XHEL%7CSTEXG$$LTS%7CSTEXG$XLON%7CSTEXG$XSTU%7CSTEXG$XNYS%7CSTEXG$XSWX%7CWREXG$$LTS%7CWREXG$XLON%7CWREXG$XSTU%7CWREXG$XNYS%7CWREXG$XTSE&investmentType=bondsGilts \"Find fixed income\")\n    - [Fixed income explained](https:\/\/eqi.co.uk\/info\/fixed-income\/explained \"Fixed income explained\")\n- [Why invest?]()\n  - Get started\n  - - [What is DIY investing](https:\/\/eqi.co.uk\/info\/how-it-works\/diy-investing \"What is DIY investing\")\n    - [Investment calculator](https:\/\/eqi.co.uk\/info\/get-started\/investment-calculator \"Investment calculator\")\n    - [Getting started: key topics](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics \"Getting started: key topics\")\n    - [Investing basics library](https:\/\/eqi.co.uk\/info\/articles\/investing-basics-library \"Investing basics library\")\n  \n  - Investing for life\n  - - [Investing in your 20s and 30s](https:\/\/eqi.co.uk\/info\/investing-for-life\/investing-in-your-20s-and-30s \"Investing in your 20s and 30s\")\n    - [Investing in your 40s and 50s](https:\/\/eqi.co.uk\/info\/investing-for-life\/investing-in-your-40s-and-50s \"Investing in your 40s and 50s\")\n    - [Investing in your retirement](https:\/\/eqi.co.uk\/info\/investing-for-life\/investing-in-your-retirement \"Investing in your retirement\")\n  \n  - Retirement\n  - - [Get ready to retire](https:\/\/eqi.co.uk\/info\/retirement\/get-ready \"Get ready to retire\")\n    - [Pension calculator](https:\/\/eqi.co.uk\/info\/retirement\/pension-calculator \"Pension calculator\")\n    - [Retirement income](https:\/\/eqi.co.uk\/info\/articles\/retirement \"Retirement income\")\n- [How to invest]()\n  - Manage\n  - - [Funding your account](https:\/\/eqi.co.uk\/info\/how-it-works\/funding-your-account \"Funding your account\")\n    - [Regular investing](https:\/\/eqi.co.uk\/info\/how-it-works\/regular-investing \"Regular investing\")\n    - [Investment income](https:\/\/eqi.co.uk\/info\/how-it-works\/investment-income \"Investment income\")\n    - [Limit and stop orders](https:\/\/eqi.co.uk\/info\/how-it-works\/limit-and-stop-orders \"Limit and stop orders\")\n    - [Corporate actions](https:\/\/eqi.co.uk\/info\/how-it-works\/corporate-actions \"Corporate actions\")\n  \n  - Pricing\n  - - [New EQi pricing](https:\/\/eqi.co.uk\/info\/how-it-works\/new-pricing \"New EQi pricing\")\n  \n  - Tools\n  - - [Pension calculator](https:\/\/eqi.co.uk\/info\/retirement\/pension-calculator \"Pension calculator\")\n    - [Investment calculator](https:\/\/eqi.co.uk\/info\/get-started\/investment-calculator \"Investment calculator\")\n    - [Set up a watchlist](https:\/\/eqi.co.uk\/info\/how-it-works\/watchlist \"Set up a watchlist\")\n  \n  - Transfer\n  - - [Joining from Shareview](https:\/\/eqi.co.uk\/info\/shareview\/joining-from-shareview \"Joining from Shareview\")\n    - [Joining from your Sharesave scheme](https:\/\/eqi.co.uk\/info\/your-sharesave \"Joining from your Sharesave scheme\")\n  \n  - FAQs\n  - - [Your questions answered](https:\/\/eqi.co.uk\/info\/how-it-works\/faqs \"Your questions answered\")\n- [Insights]()\n  - Investing strategies\n  - - [Ethical investing](https:\/\/eqi.co.uk\/info\/articles\/ethical-investing \"Ethical investing\")\n    - [Market uncertainty](https:\/\/eqi.co.uk\/info\/articles\/market-uncertainty \"Market uncertainty\")\n    - [International investing](https:\/\/eqi.co.uk\/info\/articles\/international-investing \"International investing\")\n    - [Tips and tactics](https:\/\/eqi.co.uk\/info\/articles\/investing-strategies \"Tips and tactics\")\n  \n  - Ideas for your portfolio\n  - - [Lifetime ISA](https:\/\/eqi.co.uk\/info\/articles\/lifetime-isa \"Lifetime ISA\")\n    - [SIPP](https:\/\/eqi.co.uk\/info\/articles\/sipp \"SIPP\")\n    - [ISA](https:\/\/eqi.co.uk\/info\/articles\/isa \"ISA\")\n    - [DIY Investor Magazine](https:\/\/eqi.co.uk\/info\/articles\/diy-magazine \"DIY Investor Magazine\")\n  \n  - EQi explains\n  - - [The Smart Money](https:\/\/eqi.co.uk\/info\/articles\/the-smart-money \"The Smart Money\")\n    - [EQi market commentary](https:\/\/eqi.co.uk\/info\/articles\/eqi-market-commentary \"EQi market commentary\")\n  \n  - Market news\n  - - [Market news feed](https:\/\/eqi.co.uk\/info\/market-newsfeed \"Market news feed\")\n    - [Indices](https:\/\/eqi.co.uk\/info\/indices \"Indices\")\n\n- [Find an investment](https:\/\/eqi.co.uk\/info\/search-for-investments)\n- [Accounts](https:\/\/eqi.co.uk\/info\/funds\/types)\n  - [ISA](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Why EQi for your ISA?](https:\/\/eqi.co.uk\/info\/isa\/benefits)\n    - [ISA pricing](https:\/\/eqi.co.uk\/info\/how-it-works\/new-pricing)\n    - [Which ISA is right for you?](https:\/\/eqi.co.uk\/info\/isa\/types)\n    - [ISAs explained](https:\/\/eqi.co.uk\/info\/isa\/explained)\n  - [SIPP](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Why EQi for your SIPP?](https:\/\/eqi.co.uk\/info\/sipp\/benefits)\n    - [SIPP pricing](https:\/\/eqi.co.uk\/info\/sipp\/pricing)\n    - [SIPPs explained](https:\/\/eqi.co.uk\/info\/sipp\/explained)\n  - [Dealing account](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Why EQi?](https:\/\/eqi.co.uk\/info\/dealing-account\/benefits)\n    - [Investing FAQs](https:\/\/eqi.co.uk\/info\/how-it-works\/faqs)\n    - [Transfer](https:\/\/eqi.co.uk\/info\/dealing-account\/transfer)\n  - [Lifetime ISA](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Why EQi for your Lifetime ISA?](https:\/\/eqi.co.uk\/info\/lifetime-isa\/benefits)\n    - [Lifetime ISA pricing](https:\/\/eqi.co.uk\/info\/lifetime-isa\/pricing)\n    - [Lifetime ISA withdrawals](https:\/\/eqi.co.uk\/info\/lifetime-isa\/withdrawal)\n    - [LISAs explained & FAQs](https:\/\/eqi.co.uk\/info\/lifetime-isa\/explained)\n  - [Child Trust Fund](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Why continue investing?](https:\/\/eqi.co.uk\/info\/child-trust-funds\/continue-investing)\n    - [Manage your maturity](https:\/\/eqi.co.uk\/info\/child-trust-funds\/manage-your-maturity)\n    - [CTF Forms](https:\/\/eqi.co.uk\/info\/child-trust-funds\/forms)\n    - [CTF FAQs](https:\/\/eqi.co.uk\/info\/child-trust-funds\/faqs)\n- [Investments](https:\/\/eqi.co.uk\/info\/funds\/types)\n  - [Stocks and Shares](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Stock search](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/search#?universeId=E0EXG$$LTS%7CE0EXG$XLON%7CE0EXG$XBER%7CE0EXG$XDUS%7CE0EXG$XHAM%7CE0EXG$XMUN%7CE0EXG$XSTU%7CE0EXG$XMIL%7CE0EXG$XFRA%7CE0EXG$XDUB%7CE0EXG$XLUX%7CE0EXG$XMCE%7CE0EXG$XNAS%7CE0EXG$XSTO%7CE0EXG$XPLU%7CE0EXG$ARCX%7CE0EXG$XNYS%7CE0EXG$XASE%7CE0EXG$XAMS%7CE0EXG$XBRU%7CE0EXG$XLIS%7CE0EXG$XPAR%7CE0EXG$XCSE%7CE0EXG$XHEL%7CE0EXG$XOSL%7CE0EXG$PINX%7CE0EXG$XSWX%7CE0EXG$XTSE%7CE0EXG$XTSX%7CE0EXG$XETR&investmentType=equities)\n    - [Make the most of your shares](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/do-more)\n    - [Share certificates](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/certificates)\n    - [Stocks and shares explained](https:\/\/eqi.co.uk\/info\/stocks-and-shares\/explained)\n  - [Funds](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Find funds](https:\/\/eqi.co.uk\/info\/funds\/search#?universeId=FOALL$$ALL_4219&investmentType=funds)\n    - [Funds to get you started](https:\/\/eqi.co.uk\/info\/funds\/get-started)\n    - [Funds to build a portfolio](https:\/\/eqi.co.uk\/info\/funds\/build-up-your-portfolio)\n    - [Funds for seasoned investors](https:\/\/eqi.co.uk\/info\/funds\/seasoned-investors)\n    - [Funds explained](https:\/\/eqi.co.uk\/info\/funds\/explained)\n  - [ETFs](https:\/\/eqi.co.uk\/info\/funds\/types)\n    - [Find ETFs](https:\/\/eqi.co.uk\/info\/etfs\/search#?universeId=ETEXG$$LTS%7CETEXG$XLON%7CETEXG$XBER%7CETEXG$XDUS%7CETEXG$XHAM%7CETEXG$XMUN%7CETEXG$XSTU%7CETEXG$XMIL%7CETEXG$XFRA%7CETEXG$XDUB%7CETEXG$XLUX%7CETEXG$XMCE%7CETEXG$XNAS%7CETEXG$XSTO%7CETEXG$XPLU%7CETEXG$XNYS%7CETEXG$XASE%7CETEXG$ARCX%7CETEXG$XAMS%7CETEXG$XBRU%7CETEXG$XLIS%7CETEXG$XPAR%7CETEXG$XHEL%7CETEXG$XCSE%7CETEXG$PINX%7CETEXG$XOSL%7CETEXG$XSWX%7CETEXG$XTSE%7CETEXG$XTSX%7CETEXG$XETR&investmentType=exchangeTradedFunds)\n    - 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[Home](https:\/\/eqi.co.uk\/ \"Home\")\n2. Types of funds\n\n# What do all funds have common?\nFunds, ETFs and investment trusts all share some common characteristics and advantages\n\n- ### Three types of funds\n  There are three types of funds: funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (ETFs) and Investment Trusts\n- ### A basket of shares\n  Rather than buying shares in individual companies, funds give you access to a broad group of assets in a single investment\n- ### A range of categories\n  Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure\n\n## What is a fund?\nA fund is an umbrella term for an investment vehicle which pools together money from many investors, and where you benefit from expertise within the fund.\n\nWhether funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (both [physical and synthetic](https:\/\/eqi.co.uk\/info\/etfs\/explained \"Explained\")) or Investment Trusts, they give you access to a group of financial assets without having to buy them individually.\n\nFunds are a simple way to invest in a range of leading companies where managers decide which companies to invest in, when to invest and how much of a fund’s money to commit to a particular company.\n\nThese ready-made baskets of securities are a great way to invest a diversified portfolio, with low ongoing fees, ease of trading and flexibility all adding to their appeal.\n\nBut you’ll need to be in it for the long-term, at least five years. That way you have a better chance of riding out any short-term market volatility and enjoying greater returns.\n\n### Insights\n![](https:\/\/eqi.co.uk\/media\/2573\/jose-llamas-lvro7samtdu-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632072595900000)\n\nInsights\n\n22\\.02.18\n\nInvestment Trusts vs Funds\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/investment-trusts-vs-mutual-funds)\n\n![](https:\/\/eqi.co.uk\/media\/2574\/kym-ellis-ye6rupmjawk-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632087379300000)\n\nInsights\n\n15\\.08.19\n\nWhat is an OIEC?\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/investing-basics-library\/what-is-an-oeic)\n\n![](https:\/\/eqi.co.uk\/media\/2579\/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000)\n\nInsights\n\n01\\.02.20\n\nGrowth, income or preservation funds - which are right for you?\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/growth-income-or-preservation-whats-your-goal)\n\n![](https:\/\/eqi.co.uk\/media\/2580\/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000)\n\nInsights\n\n18\\.01.18\n\nLetting income funds do all the work\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/letting-income-funds-do-all-the-work)\n\n![](https:\/\/eqi.co.uk\/media\/2585\/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000)\n\nInsights\n\n23\\.01.18\n\nWhat are the different types of ETFs?\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/what-are-different-types-of-etfs)\n\n![](https:\/\/eqi.co.uk\/media\/2586\/sergiu-jurca-ok86oc61_do-unsplash_edited_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=132274491760000000)\n\ninsights\n\nTop performing international funds\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/international-investing\/what-are-the-best-performing-funds-over-five-years)\n\n- ![](https:\/\/eqi.co.uk\/media\/2573\/jose-llamas-lvro7samtdu-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632072595900000)\n  \n  Insights\n  \n  22\\.02.18\n  \n  Investment Trusts vs Funds\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/investment-trusts-vs-mutual-funds)\n  ![](https:\/\/eqi.co.uk\/media\/2574\/kym-ellis-ye6rupmjawk-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632087379300000)\n  \n  Insights\n  \n  15\\.08.19\n  \n  What is an OIEC?\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/investing-basics-library\/what-is-an-oeic)\n  ![](https:\/\/eqi.co.uk\/media\/2579\/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000)\n  \n  Insights\n  \n  01\\.02.20\n  \n  Growth, income or preservation funds - which are right for you?\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/growth-income-or-preservation-whats-your-goal)\n- ![](https:\/\/eqi.co.uk\/media\/2580\/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000)\n  \n  Insights\n  \n  18\\.01.18\n  \n  Letting income funds do all the work\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/letting-income-funds-do-all-the-work)\n  ![](https:\/\/eqi.co.uk\/media\/2585\/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000)\n  \n  Insights\n  \n  23\\.01.18\n  \n  What are the different types of ETFs?\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/what-are-different-types-of-etfs)\n  ![](https:\/\/eqi.co.uk\/media\/2586\/sergiu-jurca-ok86oc61_do-unsplash_edited_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=132274491760000000)\n  \n  insights\n  \n  Top performing international funds\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/international-investing\/what-are-the-best-performing-funds-over-five-years)\n\n### Common questions\n- ###\n  #### How do funds differ from stocks and shares?\n  Rather than buying shares in individual companies, funds give you access to a broad group of investments in a single investment.\n  \n  By sharing your money around several different asset classes, it is considered lower risk than buying shares in one or two companies as any change to one share can be offset by the performance of the others.\n  \n  #### What do funds invest in?\n  Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure.\n- ###\n  #### What's the difference between open-end and closed-end funds?\n  Put simply, open-end means the fund can issue shares at any time, whereas closed-end means only a fixed number of shares are issued, usually at the outset.\n  \n  #### What's the difference between active and passive funds?\n  Actively managed have fund managers in place working to out-perform the markets, while the passive approach tracks a stock market index such as the FTSE 100 in an attempt to replicate its performance.\n  \n  It makes sense then that a passive fund will cost you less than an actively managed fund as typically there are lower levels of management and trading activity.\n\n### Our independently-rated fund lists\n- List 1\n  \n  ### Funds to get you started\n  How do you know where to start when there are so many funds to choose from? Start with just three, aligned to your appetite for risk.\n  \n  - [View fund picks](https:\/\/eqi.co.uk\/info\/funds\/get-started)\n- List 2\n  \n  ### Funds to build up your portfolio\n  As you build your confidence over time and know what to look for, it helps to have more choice. See our top fund picks, aligned to your investing goals and your appetite for risk.\n  \n  - [View fund picks](https:\/\/eqi.co.uk\/info\/funds\/build-up-your-portfolio)\n\n### Popular articles\n- Insight\n  \n  #### ESG fund ratings explained\n  - [Read more](https:\/\/eqi.co.uk\/info\/funds\/esg-ratings)\n- EQi explains\n  \n  #### More about Square Mile\n  - [Find out more](https:\/\/eqi.co.uk\/info\/funds\/square-mile)\n- EQi explains\n  \n  #### See Square Mile's fund lists for EQi\n  - [Find out more](https:\/\/eqi.co.uk\/info\/funds\/picks)\n- EQi explains\n  \n  #### How does Square Mile select funds\n  - [Learn more](https:\/\/eqi.co.uk\/info\/funds\/square-mile-selection-criteria)\n\n**Investment risk warning**\n\nThe value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.\n\nEQi does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.\n\nThe extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.\n\nThe extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer’s pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.\n\nThe extent and value of any Lifetime ISA tax advantages or benefits will vary according to the individual's circumstances. The government bonus may also change. Once in the LISA your money is only accessible, in general, when you buy your first home or at age 60.\n\n[Read more \\[PDF 36.1KB\\]](https:\/\/eqi.co.uk\/media\/335jdcwu\/eqi-investment-risk-warnings-v3.pdf \"Eqi Investment Risk Warnings V3\")\n\n[![EQI Mobile logo](https:\/\/eqi.co.uk\/media\/2268\/eq-dot.png?mode=pad&quality=80&width=60&height=60&bgcolor=0,0,0,0&rnd=133384031728830000)](https:\/\/eqi.co.uk\/)\n\n- [Important Information](https:\/\/eqi.co.uk\/info\/important-information \"Important Information\")\n- [Risk Warnings](https:\/\/eqi.co.uk\/risk-warnings \"Risk Warnings\")\n- [Security](https:\/\/eqi.co.uk\/info\/security \"Security\")\n- [Privacy Policy](https:\/\/eqi.co.uk\/info\/privacy-policy \"Privacy Policy\")\n- [Cookie Policy](https:\/\/eqi.co.uk\/info\/cookie-policy \"Cookie Policy\")\n- [Accessibility](https:\/\/eqi.co.uk\/info\/accessibility \"Accessibility\")\n\n- [Contact us](https:\/\/eqi.co.uk\/info\/contact \"Contact us\")\n- [Site map](https:\/\/eqi.co.uk\/info\/sitemap\/sitemap-page \"Site map\")\n- [Forms](https:\/\/eqi.co.uk\/info\/forms \"Forms\")\n- [Press](https:\/\/eqi.co.uk\/info\/press \"Press\")\n\nEQi® is a trading name of Equiniti Financial Services Limited whose registered office is Highdown House, Yeoman Way, Worthing, West Sussex BN99 3HH. Equiniti Financial Services Limited is part of the Equiniti Group. Investment and general insurance services are provided through Equiniti Financial Services Limited, which is registered in England and Wales with No. 6208699 and is authorised and regulated by the UK Financial Conduct Authority. Equiniti Financial Services Limited is a member firm of the London Stock Exchange. The VAT registration for Equiniti is 915967778.\n\n[Disable responsive site featuresDisable Responsive Site Features Icon](https:\/\/eqi.co.uk\/umbraco\/surface\/ResponsiveSurface\/RequestDesktopSite?pageID=5343)","attrs_readable_markdown":"Funds, ETFs and investment trusts all share some common characteristics and advantages\n\n- ### Three types of funds\n  There are three types of funds: funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (ETFs) and Investment Trusts\n- ### A basket of shares\n  Rather than buying shares in individual companies, funds give you access to a broad group of assets in a single investment\n- ### A range of categories\n  Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure\n\n## What is a fund?\nA fund is an umbrella term for an investment vehicle which pools together money from many investors, and where you benefit from expertise within the fund.\n\nWhether funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (both [physical and synthetic](https:\/\/eqi.co.uk\/info\/etfs\/explained \"Explained\")) or Investment Trusts, they give you access to a group of financial assets without having to buy them individually.\n\nFunds are a simple way to invest in a range of leading companies where managers decide which companies to invest in, when to invest and how much of a fund’s money to commit to a particular company.\n\nThese ready-made baskets of securities are a great way to invest a diversified portfolio, with low ongoing fees, ease of trading and flexibility all adding to their appeal.\n\nBut you’ll need to be in it for the long-term, at least five years. That way you have a better chance of riding out any short-term market volatility and enjoying greater returns.\n\n![](https:\/\/eqi.co.uk\/media\/2579\/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000)\n\nInsights\n\n01\\.02.20\n\nGrowth, income or preservation funds - which are right for you?\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/growth-income-or-preservation-whats-your-goal)\n\n![](https:\/\/eqi.co.uk\/media\/2580\/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000)\n\nInsights\n\n18\\.01.18\n\nLetting income funds do all the work\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/letting-income-funds-do-all-the-work)\n\n![](https:\/\/eqi.co.uk\/media\/2585\/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000)\n\nInsights\n\n23\\.01.18\n\nWhat are the different types of ETFs?\n\n- [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/what-are-different-types-of-etfs)\n\n- ![](https:\/\/eqi.co.uk\/media\/2579\/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000)\n  \n  Insights\n  \n  01\\.02.20\n  \n  Growth, income or preservation funds - which are right for you?\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/growth-income-or-preservation-whats-your-goal)\n- ![](https:\/\/eqi.co.uk\/media\/2580\/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000)\n  \n  Insights\n  \n  18\\.01.18\n  \n  Letting income funds do all the work\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/letting-income-funds-do-all-the-work)\n  ![](https:\/\/eqi.co.uk\/media\/2585\/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000)\n  \n  Insights\n  \n  23\\.01.18\n  \n  What are the different types of ETFs?\n  \n  - [Learn more](https:\/\/eqi.co.uk\/info\/articles\/getting-started-key-topics\/what-are-different-types-of-etfs)\n\n- #### How do funds differ from stocks and shares?\n  Rather than buying shares in individual companies, funds give you access to a broad group of investments in a single investment.\n  \n  By sharing your money around several different asset classes, it is considered lower risk than buying shares in one or two companies as any change to one share can be offset by the performance of the others.\n  \n  #### What do funds invest in?\n  Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure.\n- #### What's the difference between open-end and closed-end funds?\n  Put simply, open-end means the fund can issue shares at any time, whereas closed-end means only a fixed number of shares are issued, usually at the outset.\n  \n  #### What's the difference between active and passive funds?\n  Actively managed have fund managers in place working to out-perform the markets, while the passive approach tracks a stock market index such as the FTSE 100 in an attempt to replicate its performance.\n  \n  It makes sense then that a passive fund will cost you less than an actively managed fund as typically there are lower levels of management and trading activity.\n\n- List 1\n  \n  How do you know where to start when there are so many funds to choose from? Start with just three, aligned to your appetite for risk.\n  \n  - [View fund picks](https:\/\/eqi.co.uk\/info\/funds\/get-started)\n- List 2\n  \n  As you build your confidence over time and know what to look for, it helps to have more choice. See our top fund picks, aligned to your investing goals and your appetite for risk.\n  \n  - [View fund picks](https:\/\/eqi.co.uk\/info\/funds\/build-up-your-portfolio)\n\n- Insight\n  \n  #### ESG fund ratings explained\n  - [Read more](https:\/\/eqi.co.uk\/info\/funds\/esg-ratings)\n- EQi explains\n  \n  #### More about Square Mile\n  - [Find out more](https:\/\/eqi.co.uk\/info\/funds\/square-mile)\n- EQi explains\n  \n  #### See Square Mile's fund lists for EQi\n  - [Find out more](https:\/\/eqi.co.uk\/info\/funds\/picks)\n- EQi explains\n  \n  #### How does Square Mile select funds\n  - [Learn more](https:\/\/eqi.co.uk\/info\/funds\/square-mile-selection-criteria)","meta_canonical":"uk,co,eqi!\/info\/funds\/explained h80"}

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Meta Title	What are funds, ETFs and investment trusts? \| EQi
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Boilerpipe Text	Funds, ETFs and investment trusts all share some common characteristics and advantages Three types of funds There are three types of funds: funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (ETFs) and Investment Trusts A basket of shares Rather than buying shares in individual companies, funds give you access to a broad group of assets in a single investment A range of categories Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure What is a fund? A fund is an umbrella term for an investment vehicle which pools together money from many investors, and where you benefit from expertise within the fund. Whether funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (both physical and synthetic ) or Investment Trusts, they give you access to a group of financial assets without having to buy them individually. Funds are a simple way to invest in a range of leading companies where managers decide which companies to invest in, when to invest and how much of a fund’s money to commit to a particular company. These ready-made baskets of securities are a great way to invest a diversified portfolio, with low ongoing fees, ease of trading and flexibility all adding to their appeal. But you’ll need to be in it for the long-term, at least five years. That way you have a better chance of riding out any short-term market volatility and enjoying greater returns. Insights 01.02.20 Growth, income or preservation funds - which are right for you? Learn more Insights 18.01.18 Letting income funds do all the work Learn more Insights 23.01.18 What are the different types of ETFs? Learn more Insights 01.02.20 Growth, income or preservation funds - which are right for you? Learn more Insights 18.01.18 Letting income funds do all the work Learn more Insights 23.01.18 What are the different types of ETFs? Learn more How do funds differ from stocks and shares? Rather than buying shares in individual companies, funds give you access to a broad group of investments in a single investment. By sharing your money around several different asset classes, it is considered lower risk than buying shares in one or two companies as any change to one share can be offset by the performance of the others. What do funds invest in? Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure. What's the difference between open-end and closed-end funds? Put simply, open-end means the fund can issue shares at any time, whereas closed-end means only a fixed number of shares are issued, usually at the outset. What's the difference between active and passive funds? Actively managed have fund managers in place working to out-perform the markets, while the passive approach tracks a stock market index such as the FTSE 100 in an attempt to replicate its performance. It makes sense then that a passive fund will cost you less than an actively managed fund as typically there are lower levels of management and trading activity. List 1 How do you know where to start when there are so many funds to choose from? Start with just three, aligned to your appetite for risk. View fund picks List 2 As you build your confidence over time and know what to look for, it helps to have more choice. See our top fund picks, aligned to your investing goals and your appetite for risk. View fund picks Insight ESG fund ratings explained Read more EQi explains More about Square Mile Find out more EQi explains See Square Mile's fund lists for EQi Find out more EQi explains How does Square Mile select funds Learn more
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[Home](https://eqi.co.uk/ "Home") 2. Types of funds # What do all funds have common? Funds, ETFs and investment trusts all share some common characteristics and advantages - ### Three types of funds There are three types of funds: funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (ETFs) and Investment Trusts - ### A basket of shares Rather than buying shares in individual companies, funds give you access to a broad group of assets in a single investment - ### A range of categories Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure ## What is a fund? A fund is an umbrella term for an investment vehicle which pools together money from many investors, and where you benefit from expertise within the fund. Whether funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (both [physical and synthetic](https://eqi.co.uk/info/etfs/explained "Explained")) or Investment Trusts, they give you access to a group of financial assets without having to buy them individually. Funds are a simple way to invest in a range of leading companies where managers decide which companies to invest in, when to invest and how much of a fund’s money to commit to a particular company. These ready-made baskets of securities are a great way to invest a diversified portfolio, with low ongoing fees, ease of trading and flexibility all adding to their appeal. But you’ll need to be in it for the long-term, at least five years. That way you have a better chance of riding out any short-term market volatility and enjoying greater returns. ### Insights ![](https://eqi.co.uk/media/2573/jose-llamas-lvro7samtdu-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632072595900000) Insights 22\.02.18 Investment Trusts vs Funds - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/investment-trusts-vs-mutual-funds) ![](https://eqi.co.uk/media/2574/kym-ellis-ye6rupmjawk-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632087379300000) Insights 15\.08.19 What is an OIEC? - [Learn more](https://eqi.co.uk/info/articles/investing-basics-library/what-is-an-oeic) ![](https://eqi.co.uk/media/2579/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000) Insights 01\.02.20 Growth, income or preservation funds - which are right for you? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/growth-income-or-preservation-whats-your-goal) ![](https://eqi.co.uk/media/2580/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000) Insights 18\.01.18 Letting income funds do all the work - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/letting-income-funds-do-all-the-work) ![](https://eqi.co.uk/media/2585/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000) Insights 23\.01.18 What are the different types of ETFs? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/what-are-different-types-of-etfs) ![](https://eqi.co.uk/media/2586/sergiu-jurca-ok86oc61_do-unsplash_edited_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=132274491760000000) insights Top performing international funds - [Learn more](https://eqi.co.uk/info/articles/international-investing/what-are-the-best-performing-funds-over-five-years) - ![](https://eqi.co.uk/media/2573/jose-llamas-lvro7samtdu-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632072595900000) Insights 22\.02.18 Investment Trusts vs Funds - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/investment-trusts-vs-mutual-funds) ![](https://eqi.co.uk/media/2574/kym-ellis-ye6rupmjawk-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632087379300000) Insights 15\.08.19 What is an OIEC? - [Learn more](https://eqi.co.uk/info/articles/investing-basics-library/what-is-an-oeic) ![](https://eqi.co.uk/media/2579/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000) Insights 01\.02.20 Growth, income or preservation funds - which are right for you? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/growth-income-or-preservation-whats-your-goal) - ![](https://eqi.co.uk/media/2580/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000) Insights 18\.01.18 Letting income funds do all the work - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/letting-income-funds-do-all-the-work) ![](https://eqi.co.uk/media/2585/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000) Insights 23\.01.18 What are the different types of ETFs? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/what-are-different-types-of-etfs) ![](https://eqi.co.uk/media/2586/sergiu-jurca-ok86oc61_do-unsplash_edited_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=132274491760000000) insights Top performing international funds - [Learn more](https://eqi.co.uk/info/articles/international-investing/what-are-the-best-performing-funds-over-five-years) ### Common questions - ### #### How do funds differ from stocks and shares? Rather than buying shares in individual companies, funds give you access to a broad group of investments in a single investment. By sharing your money around several different asset classes, it is considered lower risk than buying shares in one or two companies as any change to one share can be offset by the performance of the others. #### What do funds invest in? Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure. - ### #### What's the difference between open-end and closed-end funds? Put simply, open-end means the fund can issue shares at any time, whereas closed-end means only a fixed number of shares are issued, usually at the outset. #### What's the difference between active and passive funds? Actively managed have fund managers in place working to out-perform the markets, while the passive approach tracks a stock market index such as the FTSE 100 in an attempt to replicate its performance. It makes sense then that a passive fund will cost you less than an actively managed fund as typically there are lower levels of management and trading activity. ### Our independently-rated fund lists - List 1 ### Funds to get you started How do you know where to start when there are so many funds to choose from? Start with just three, aligned to your appetite for risk. - [View fund picks](https://eqi.co.uk/info/funds/get-started) - List 2 ### Funds to build up your portfolio As you build your confidence over time and know what to look for, it helps to have more choice. See our top fund picks, aligned to your investing goals and your appetite for risk. - [View fund picks](https://eqi.co.uk/info/funds/build-up-your-portfolio) ### Popular articles - Insight #### ESG fund ratings explained - [Read more](https://eqi.co.uk/info/funds/esg-ratings) - EQi explains #### More about Square Mile - [Find out more](https://eqi.co.uk/info/funds/square-mile) - EQi explains #### See Square Mile's fund lists for EQi - [Find out more](https://eqi.co.uk/info/funds/picks) - EQi explains #### How does Square Mile select funds - [Learn more](https://eqi.co.uk/info/funds/square-mile-selection-criteria) Investment risk warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance. EQi does not provide investment advice. 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Readable Markdown	Funds, ETFs and investment trusts all share some common characteristics and advantages - ### Three types of funds There are three types of funds: funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (ETFs) and Investment Trusts - ### A basket of shares Rather than buying shares in individual companies, funds give you access to a broad group of assets in a single investment - ### A range of categories Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure ## What is a fund? A fund is an umbrella term for an investment vehicle which pools together money from many investors, and where you benefit from expertise within the fund. Whether funds (also known as Mutual Funds, Unit Trusts and Open-Ended Investment Companies), Exchange Traded Funds (both [physical and synthetic](https://eqi.co.uk/info/etfs/explained "Explained")) or Investment Trusts, they give you access to a group of financial assets without having to buy them individually. Funds are a simple way to invest in a range of leading companies where managers decide which companies to invest in, when to invest and how much of a fund’s money to commit to a particular company. These ready-made baskets of securities are a great way to invest a diversified portfolio, with low ongoing fees, ease of trading and flexibility all adding to their appeal. But you’ll need to be in it for the long-term, at least five years. That way you have a better chance of riding out any short-term market volatility and enjoying greater returns. ![](https://eqi.co.uk/media/2579/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000) Insights 01\.02.20 Growth, income or preservation funds - which are right for you? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/growth-income-or-preservation-whats-your-goal) ![](https://eqi.co.uk/media/2580/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000) Insights 18\.01.18 Letting income funds do all the work - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/letting-income-funds-do-all-the-work) ![](https://eqi.co.uk/media/2585/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000) Insights 23\.01.18 What are the different types of ETFs? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/what-are-different-types-of-etfs) - ![](https://eqi.co.uk/media/2579/marcelo-cidrack-7jzngiujrcm-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133244926370970000) Insights 01\.02.20 Growth, income or preservation funds - which are right for you? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/growth-income-or-preservation-whats-your-goal) - ![](https://eqi.co.uk/media/2580/mathieu-le-roux-6_hqvy1e7ni-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133632086520170000) Insights 18\.01.18 Letting income funds do all the work - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/letting-income-funds-do-all-the-work) ![](https://eqi.co.uk/media/2585/sean-mungur-8mgfuwvnnew-unsplash_cta_584x632px_x2.jpg?mode=min&quality=80&width=200&rnd=133390929810600000) Insights 23\.01.18 What are the different types of ETFs? - [Learn more](https://eqi.co.uk/info/articles/getting-started-key-topics/what-are-different-types-of-etfs) - #### How do funds differ from stocks and shares? Rather than buying shares in individual companies, funds give you access to a broad group of investments in a single investment. By sharing your money around several different asset classes, it is considered lower risk than buying shares in one or two companies as any change to one share can be offset by the performance of the others. #### What do funds invest in? Funds can have a specific focus, such as a country, a region or an emerging market, and can specialise in different asset classes including equities, fixed income, property or sectors such as precious metals or infrastructure. - #### What's the difference between open-end and closed-end funds? Put simply, open-end means the fund can issue shares at any time, whereas closed-end means only a fixed number of shares are issued, usually at the outset. #### What's the difference between active and passive funds? Actively managed have fund managers in place working to out-perform the markets, while the passive approach tracks a stock market index such as the FTSE 100 in an attempt to replicate its performance. It makes sense then that a passive fund will cost you less than an actively managed fund as typically there are lower levels of management and trading activity. - List 1 How do you know where to start when there are so many funds to choose from? Start with just three, aligned to your appetite for risk. - [View fund picks](https://eqi.co.uk/info/funds/get-started) - List 2 As you build your confidence over time and know what to look for, it helps to have more choice. See our top fund picks, aligned to your investing goals and your appetite for risk. - [View fund picks](https://eqi.co.uk/info/funds/build-up-your-portfolio) - Insight #### ESG fund ratings explained - [Read more](https://eqi.co.uk/info/funds/esg-ratings) - EQi explains #### More about Square Mile - [Find out more](https://eqi.co.uk/info/funds/square-mile) - EQi explains #### See Square Mile's fund lists for EQi - [Find out more](https://eqi.co.uk/info/funds/picks) - EQi explains #### How does Square Mile select funds - [Learn more](https://eqi.co.uk/info/funds/square-mile-selection-criteria)
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