Kitchen updates such as tile flooring, refacing old cabinets and updating appliances to energy-efficient models will see a substantial return--approximately 84.5 percent in the San Francisco area, for instance, according to Remodeling magazine's Cost vs. Value Report for 2009â2010.
What is a 'Collective Investment Fund'. A collective investment fund (CIF), also known as a collective investment trust, is operated by a bank or trust company and handles a group of pooled trust accounts. Collective investment funds groups assets from individuals and organizations to develop a larger, diversified portfolio.
1. A unit trust is the pooled money of many investors that is invested in the financial markets through a single collective investment scheme â called a Unit Trust. Unit trusts invest in different markets and market sectors, while some invest across markets.nit trust investment fees. When you invest in a unit trust, you have to pay fees as a percentage of your investment. Regardless of how you invest, all fees should be clearly disclosed to you upfront.