CIS are funds that pool together money from different investors. By investing the funds in many different companies, the funds can be well-diversified. This course explains the features of CIS and introduces the different categories of CIS; authorized, recognized and unregulated CIS. You will also learn about the attractions and drawbacks of investing in a CIS.

On completion of this course, you will be able to:
- Define a collective investment scheme (CIS) and understand its different structures
- Distinguish between the different types of CIS
- Identify the advantages and disadvantages of a CIS for an investor

Topic 1: Features of Collective Investment Schemes (CIS)
Topic 2: Types of CIS
Topic 3: Benefits & Drawbacks of CIS for Investors