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While a mutual fund allows for investment in several company stocks without actually owning the stocks, a trust fund is a legal entity that addresses the distribution of assets.
Equity Trust is a private corporation ultimately owned by members of the Desich family.
A unit trust is a fund that typically holds specific assets in specific quantities and passes profits and income to its investors. Essentially, investors are beneficiaries under the trust. An ETF is a security that tracks an index (such as the S&P 500) but trades like a stock on an exchange.
Investment funds are obliged to distribute all the income generated by the underlying assets of the fund to unitholders. Investment trusts are allowed to 'reserve' up to 15% of the income earned by the underlying assets in any year in order to build a safety net should future years prove to be leaner.
The Equity Trust Fund is a revolving loan fund capitalized through gifts and loans from socially motivated donors and lenders, primarily individuals and families, but also including religious orders, land trusts, nonprofits and other organizations.

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Equity Funds are mutual fund schemes which invests their assets in stocks of different companies based on the investment objective of the underlying scheme. These funds are a great investment option for capital appreciation as they have the potential for long term wealth creation.

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