unit investment trust
21investment trust — investment company A company that invests the funds provided by shareholders in a wide variety of securities. It makes its profits from the income and capital gains provided by these securities. The investments made are usually restricted to… …
22investment trust — /ɪnvɛstmənt ˈtrʌst/ (say investmuhnt trust) noun → unit trust (def. 1) …
23Australian real estate investment trust — An Australian Real Estate Investment Trust (A REIT) is a unitised portfolio of property assets, listed on a stock exchange, usually the Australian Stock Exchange (ASX). In Australia, such investment structures were known as a listed property… …
24Split Capital Investment Trust — An investment trust, or collective investment company, that sells shares and then pools together the proceeds to buy shares in other companies, thereby creating an investment portfolio. Investment trusts contrast with unit trusts and mutual… …
25Association of Investment Trust Companies — ( AITC) The AITC is the main trade body representing over 300 investment trusts. The industry has often laboured in the shadow of unit trusts, even though investment trusts are generally cheaper and can offer better returns over the long term.… …
26fixed investment trust. — See unit trust (def. 1). * * * …
27fixed investment trust. — See unit trust (def. 1) …
28unit trust — noun a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities you can invest in a unit investment trust for as little as $1000 • Syn: ↑unit investment …
29Investment Company Act of 1940 — The Investment Company Act of 1940 is an act of Congress. It was passed as a United States Public Law and is codified at usc|15|80a 1 through usc|15|80a 64.Following the founding of the mutual fund in 1924, investors welcomed the innovation with… …
30unit trust — 1) In the UK, an investment fund shared by a large number of different investors. A unit trust is an open ended fund , which means that the fund gets bigger as more people invest and smaller as people withdraw their money. A fund manager is… …
