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A unit trust is divided into equal portions called units. Each unit has a price, which is based on the underlying value of the assets that make up the investment portfolio. When you invest in a unit trust, you receive units according to the amount of money you invest and the price of the units on the day you buy them. For example if the price per unit is R10.00 and you invest R1000, you will receive 100 units. Units are priced daily because the value of the underlying assets in the investment portfolio changes every day in line with market movements.