fixed trust
31Widely Held Fixed Investment Trust - WHFIT — A fixed investment trust that is held by at least one third party, or middleman, rather than the owner of the trust. A widely held fixed investment trust (WHFIT) is set up by an investor or group of investors who create a portfolio of investments …
32Harvela Investments Ltd v. Royal Trust of Canada (CI) Ltd — [1986] AC 207 is an English contract law case, concerning the validity of referential bids in competitive tenders.FactsThe Royal Trust Co. owned shares in a company, and invited bids for them. Harvela bid $2,175,000 and Sir Leonard Outerbridge… …
33life interest trust — A type of private trust where the life tenant is entitled to receive for life or a fixed period all or a fixed share of the income generated by the trust fund. On his death, the right to trust income will pass to another or the trust may come to… …
34investment trust — A closed end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets , like corporate stock. The market price may exceed the net asset value per share, in which case …
35investment trust — or closed end trust Financial organization that pools the funds of its shareholders and invests them in a diversified portfolio of securities. It differs from a mutual fund, which issues units representing diversified holdings rather than shares… …
36interest-in-possession trust — A type of fixed interest trust in which there is an entitlement to the income generated by the trust assets. The beneficiary of an interest in possession trust, the life tenants, are entitled to the income arising for a fixed period or until… …
37Income trust — An income trust is an investment trust that holds income producing assets. The term also designates a legal entity, capital structure and ownership vehicle for certain assets or businesses. Its shares or trust units are traded on securities… …
38Alliance Trust — plc Type Public Traded as LSE:  …
39interest-in-possession trust — A type of fixed interest trust in which there is an entitlement to the income generated by the trust assets. The beneficiaries of an interest in possession trust, the life tenants, are entitled to the income arising for a fixed period or until… …
40Northern Trust — Corporation Type Public Traded as NASDAQ: NTRS Industry …
