The MeDirect Investment Committee makes a very rigorous and objective fund selection, based on extensive research work by Morningstar: only funds with a combination of at least 4 stars and an analyst report with an outcome of gold, silver or bronze are selected.
Equity funds invest in many individual stocks simultaneously. By investing in such basket, an investor is better able to spread the market risk. These equity funds invest worldwide.
Fund is the popular name for UCI (Undertaking for Collective Investment). A UCI is an undertaking that brings together several investors and invests their deposited money in various investment products, such as stocks, bonds, cash, etc., in order to spread the risk.
Before you proceed with investing, you must read and evaluate the KIID and prospectus. The KIID sets out the objectives, investment policy, risks and benefits, and costs and past performance of the fund.