What is an investment fund?
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The investment fund is a collective investment organization which allows private actors (such as Epsor savers) or institutional players to invest jointly in company shares, government or corporate bonds, etc. They are managed by Management Companies .
Investing in an investment fund allows the saver:
To benefit from economies of scale,
To delegate the management of your investments to a dedicated professional manager who is responsible, according to your strategy, for selecting the assets that will constitute your investment portfolio.
Savers, when they invest in a fund, buy shares of the fund at a certain price (Net Asset Value) which they can then resell in the hope of making gains (capital gains).