Futures, options, forex margin trading, stock and bonds, ETFs…people study it in order to profit themselves. But not everyone have a lot of time to spend on trading and then people try to find an investment fund for middle or long term investments. There is a large number of types of investment funds. Conservative and aggressive ones, hedge-funds. Mutual and close-end funds…and so on. So many names and so limited information…Where to put your money? And here comes one more abbreviation – UCITS or Undertakings for Collective Investment in Transferable Securities’. What is this? Let’s find out (Luckily I participated in international 2 week programme referring EU...