unit investment trust

(redirected from Fixed trust)
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  • noun

Synonyms for unit investment trust

a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities

References in periodicals archive ?
Family trusts, for example, are a staple of small business, whereas fixed trusts (to be exempted under Mr.
Rollover relief will eliminate capital gains liability when there is an exchange of interests in companies or fixed trusts because of a takeover.