This book explains what you need to know about Managed Funds. It serves as a Beginner's Guide to Investing through Managed Funds and walks the reader through understanding its workings and modalities. Managed funds have been with us for some time now, with more hybrids being offered to investors as competition stiffens.Questions addressed in this book include: What are managed funds?How do they work?How safe are they?Who are Fund Managers?Who are its participants?What are the underlying assets?How are the units allotted?How is money made from investing in them?How do you know which fund is right and profitable for you?How do you get started?What magnitude of returns should you expect?Each chapter explains the potentials managed funds carry as a viable investment vehicle. Investing in them simply grants you part ownership rights to income-generating assets, which individual investors may not ordinarily have access to