Betekenis van:
unit trust
unit trust
Zelfstandig naamwoord
- a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Synoniemen
Hyperoniemen
Voorbeeldzinnen
- Interpretation of ‘historical performance of the unit trust/common fund/investment company (where applicable)’
- The investment vehicles taking the form of a unit trust can either be ‘open-ended’ or ‘closed-end’ funds.
- 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),
- 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.
- 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:
- Furthermore, law-abiding operators and drivers must be able to trust the digital tachograph, and national control bodies throughout the Community must be able to rely on the authenticity and integrity of the data recorded and stored by the equipment, regardless of whether it is downloaded and analysed from the vehicle unit or the driver card.