Betekenis van:
unit investment trust

unit investment trust
Zelfstandig naamwoord
    • 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"

    Synoniemen

    Hyperoniemen


    Voorbeeldzinnen

    1. Interpretation of ‘historical performance of the unit trust/common fund/investment company (where applicable)’
    2. The investment vehicles taking the form of a unit trust can either be ‘open-ended’ or ‘closed-end’ funds.
    3. They may take the form of a contractual investment fund without legal personality (e.g. a unit trust) managed by a distinct management company or of a corporate investment fund (e.g. a SICAV) or a pension fund.
    4. Such undertakings may be constituted according to law, either under the law of contract (as common funds managed by management companies), or trust law (as unit trusts), or under company law (as investment companies),
    5. In the third indent, Member States are recommended to interpret the ‘historical performance of the unit trust/common fund/investment company (where applicable)’ with ‘a warning that this is not an indicator of future performance’ as meaning the following information: