unit investment trust


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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 ?
Rick Gonsalves, AmericaFirst's Founder and Portfolio Manager, said that unit investment trusts are the foundation for the firm's original business when it acted as a sub advisor for a number of successful UITs.
Increasingly, investors who are leery of such outcomes are turning to unit investment trusts (UITs), which raised more than $75 billion in 1999, according to the Investment Company Institute, a mutual fund trade group in Washington, D.
An alternative is exchange-traded index shares, also called unit investment trusts (UITs).
Claymore entities have provided supervision, management, servicing or distribution on approximately $15 billion in assets through closed-end funds, unit investment trusts, mutual funds, separately managed accounts and exchange-traded funds.
For steady tax-free income in addition to less risk for your capital, consider intermediate to long-term unit investment trusts, which are yielding around 6.
Claymore entities have provided supervision, management, servicing or distribution on over $15 billion in assets through closed-end funds, unit investment trusts, mutual funds, separately managed accounts, exchange-traded funds and Claymore MACROshares.
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