Unit holders are the investors in a fund, whether individuals or legal entities, who contribute their money to an investment fund and are therefore owners of it. Their ownership rights are represented by the book entry system. The moment a person makes a contribution to the common equity of the fund, they become a unit holder in it. The contribution can be made at any time, at the time the fund is set up or later, after the fund has already been established. In the same way, you can partially or totally withdraw from it at any time.
The number of unit holders in a fund is variable and each of them owns the part proportional to the value of their contributions. Any increases or decreases in the value of the equity are attributed proportionally to the unit holder.
The fund unit holder can access markets that are not available to investors who invest individually. The management company is in charge of investing the capital contributed by the unit holders in the different financial assets that make up the investment fund.
The unit holder in an investment fund will only be taxed when they redeem their units. At the time of redemption, a return is generated that will be considered a loss or a gain for tax purposes and must therefore be integrated into the savings tax base for personal income tax.