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 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 Unit Trusts to mutual funds because Unit Trusts typically incur lower annual operating expenses (since they are not buying and selling shares); however, Unit Trusts often have sales charges and entrance/exit fees. also called fixed investment trust or participating trust or Unit Investment Trust (UIT).
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An investment company operating in Trinidad and Tobago, our primary objective has been to give to clients quality service and better returns.
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A unit trust is a form of collective investment constituted under a trust deed. Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, Namibia, South ...
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For the UK fund types, see Unit trust and Investment trust. In U.S. financial law, a unit investment trust (UIT) is an exchange-traded mutual fund offering a fixed ...
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An unincorporated mutual fund structure that allows funds to hold assets and pass profits through to the individual owners, rather than reinvesting them back into ...
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Definition of Unit Trust: An SEC-registered investment company which purchases a fixed, unmanaged portfolio of income-producing securities and then sells ...
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A unit trust is a trust where the rights of the beneficiaries (unit holders) to income and capital are fixed. This is in the sense that they are not subject to any ...
- The Star Online: Business - Unit Trust
Unit Trust fund prices issued by Public Mutual, Affin Fund, Alliance Investment, Amanah Saham Nasional, AMMutual, APEX Investment Services, Hong Leong ...
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This site, All sites. You are here : Home» Personal» Fees, rates & prices» Unit trust prices. Branch and ATM Locator | Contact us | Site Map. Fees, rates & prices ...