Exchange Currency

participating trust

An SEC-registered investment company which purchases a fixed, unmanaged portfolio of income-producing securities and then sells shares in the trust to investors. The major difference between a participating trust and a mutual fund is that a mutual fund is actively managed, while a unit investment trust is not managed at all. Capital gains, interest and dividend payments from the trust are passed on to shareholders at regular periods. If the trust is one that invests only in tax-free securities, then the income from the trust is also tax-free. A participating trust is generally considered a low-risk, low-return investment. Some investors prefer UITs to mutual funds because UITs typically incur lower annual operating expenses (since they are not buying and selling shares); however, participating trusts often have sales charges and entrance/exit fees. also called fixed investment trust or participating trust or unit trust. also called Unit Investment Trust (UIT).

Related information about participating trust:
  1. What is participating trust? definition and meaning
    Definition of participating trust: An SEC-registered investment company which ... The major difference between a participating trust and a mutual fund is that a ...
     
  2. Sunrise Retirement Funds Participation Agreement
    (the “Participating Trust”) in one or more of the Collective. Investment Funds ... establishing that the Participating Trust is an eligible investor empowered to invest ...
     
  3. 339 US 306 (1950) - Justia US Supreme Court Center
    Each participating trust shares ratably in the common fund, but exclusive management and control is in the trust company as trustee, and neither a fiduciary nor ...
     
  4. Participating Trust Definition - What is a Participating Trust ...
    Participating Trust - Participating Trust is an investment company or corporation registered with the Securities and Exchange Commission (SEC) with purchases ...
     
  5. 15-62-302. Temporary savings account program.
    The provisions of this chapter that apply to reporting, holding, management, and other administrative and tax consequences of a participating trust account of the ...
     
  6. PARTICIPATING TRUST AGREEMENT - UnionBank of the Philippines
    PARTICIPATING TRUST AGREEMENT. KNOW ALL MEN BY THESE PRESENTS : This Agreement, made and executed this ______ day of ______, 200___ by ...
     
  7. AlphaSector Premium Fund Offering Statement - F-Squared ...
    Each Participating Trust solely bears the risk of a decrease in value of its .... whether to allow an Eligible Trust to become a Participating Trust in the AlphaSector ...
     
  8. amendedand restated declaration oftrust of ... - Manning & Napier
    contained therein for the benefit of the Participating Trust participating therein. ... 1.16 “Participating Trust” means a Qualified Trust which, with the consent of the ...