provide a description for unit trust and elaborate on the risk factor
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There are mainly three kinds of risks in investing in unit trusts;
• No guarantee that the unit trust will perform.
• You are taking on the general market risk by investing in unit trusts.
• For the unit risks, there will always be security specific risks.
It is essential to be careful while investing your hard earned money as you might suffer in something that will be the biggest loss.
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