23/04/2019 8:55:00 Unit investment trust Unit investment trust
What is Unit investment trust?
Unit investment trust definition and meaning on Dictionary terms:
Also called fixed investment trust, fixed trust. an investment company that has a fixed portfolio of securities, usually of a single type, such as municipal bonds or corporate bonds, which are held to maturity: each investor receives a share in the amount proportionate to his or her holding.
Also called u
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