unit investment trust
41Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS …
42trust — A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary. The person creating the trust, who may or may not also be the beneficiary, is called the grantor. Bloomberg Financial Dictionary See… …
43unit — More than one class of securities traded together ( e.g., one common share and three subscription warrants ). Bloomberg Financial Dictionary Securities representing a portion of assets pooled by investors: run by a management company whose share… …
44trust — {{Roman}}I.{{/Roman}} noun 1 relying on sb/sth ADJECTIVE ▪ great ▪ They have placed great trust in him as a negotiator. ▪ absolute, complete, perfect, total ▪ …
45trust — trustable, adj. trustability, n. truster, n. /trust/, n. 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future… …
46investment revaluation reserve — A reserve created by a company with investment properties, if these properties are included in the balance sheet at open market value. Changes in the value of investment properties should be disclosed as movements on the investment revaluation… …
47investment revaluation reserve — A reserve created by a company with investment properties, if these properties are included in the balance sheet at open market value. Changes in the value of investment properties should be disclosed as movements on the investment revaluation… …
48unit trust — /ˈjunət trʌst/ (say yoohnuht trust) noun 1. Also, investment trust. a trust whose management purchases shares from a number of companies. The portfolio of such shares is divided into equal units for sale to the public, whose interests are served… …
49Collective investment scheme — The values and performance of collective funds are listed in newspapers A collective investment scheme is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. These… …
50Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… …
