Exchange Currency

UIT

Unit Investment 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 Unit investment 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 unit investment 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, UITs often have sales charges and entrance/exit fees. also called fixed investment trust or participating trust or unit trust.

Related information about UIT:
  1. Unit Investment Trusts (UITs)
    May 8, 2007 ... A"unit investment trust," commonly referred to as a "UIT," is one of three basic types of investment company. The other two types are mutual ...
     
  2. Unit Investment Trust (UIT) Definition | Investopedia
    UITs can be resold in the secondary market. A UIT may be either a regulated investment corporation (RIC) or a grantor trust. The former is a corporation in which ...
     
  3. UIT - Wikipedia, the free encyclopedia
    UIT may stand for: University of Ibn Tofail, Kenitra, Morocco: Université Ibn-Tofail · International Telecommunication Union, an internationally-reaching standards ...
     
  4. UIT | Underground Imaging Technologies
    Underground Imaging Technologies (UIT) develops and integrates hardware and software systems for mapping and investigating the hidden world below the ...
     
  5. UIT - Home | UIT
    Consulting Advice on how to capitalize your resources and maximize your ROI. Read More >> Training End-to-end training services targeted to each level of ...
     
  6. Home - University Information Technology - Tufts University
    University Information Technology (UIT) delivers information technologies to the Tufts community that facilitate teaching, learning, research, administration, and ...
     
  7. UIT Training & Documentation - University Information Technology ...
    The UIT Training and Documentation Department consistently strives to offer informative, enjoyable, and innovative technical training to members of the Tufts ...
     
  8. Startsida - Universitetet i Tromsø
    Informasjon om forskning, undervisning, etter- og videreutdanning, universitetet og dets organisasjon.