Why investment trusts are a solid basis for building wealth

Investment trusts are one of three main types of funds, with the other two being exchange-traded funds (ETFs) and what are variously called open-ended investment companies (OEICs) or unit trusts (depending on their exact structure). Each of these has advantages and disadvantages. To see why, let's look at how they work and where investment trusts win out.Investment trusts are closed-ended, which means that they have a fixed amount of shares. They are listed on the stock market, so when you inves