This is related to investment trusts, closed-end funds, or closed-ended, only exist to invest.
An investment company is also known as a "fund company" or "fund sponsor."
They often partner with third-party distributors to sell mutual funds.
They make a profit by buying and selling shares, property, and other assets.
An investment manager decides what assets to buy to build a diverse, managed portfolio.
You’re not investing alone. Different people contribute money to the company.
When you invest you become one of its shareholders.
This means investment companies are a type of collective investment fund, like unit trusts.
With an investment company:
There are over 400 investment companies, many of which have existed for more than 50 years. They include: