Unit investment trust (UIT)

Unit investment trust (UIT),

Definition of Unit investment trust (UIT):

  1. Type of the US investment company that invests in a fixed portfolio of securities which are resold to investors through brokers as redeemable certificates (representing undivided interest) called units. This arrangement allow unit-holders to build a diversified portfolio at a cheaper price, and to receive income in proportion to their individual investments. It is basically a closed end mutual fund, and expires either on a fixed date or (in the case of bonds) on the securitys maturity date.

  2. A unit investment trust (UIT) is an investment company that offers a fixed portfolio, generally of stocks and bonds, as redeemable units to investors for a specific period of time. It is designed to provide capital appreciation and/or dividend income. Unit investment trusts, along with mutual funds and closed-end funds, are defined as investment companies.

  3. Investment companies offer individuals the opportunity to invest in a diversified portfolio of securities with a low initial investment requirement. UITs are sold by investment advisors and an owner can redeem the units to the fund or trust, rather than placing a trade in the secondary market. A UIT is either a regulated investment corporation (RIC) or a grantor trust. A RIC is a corporation in which the investors are joint owners, and a grantor trust grants investors proportional ownership in the UIT's underlying securities.

How to use Unit investment trust (UIT) in a sentence?

  1. A unit investment trust (UIT) is a U.S. financial company that buys or holds a group of securities, such as stocks or bonds, and makes them available to investors as redeemable units.
  2. Like open-ended mutual funds, UITs are bought and sold directly from the company that issues them, although sometimes they can be bought on the secondary market; like closed-end funds, UITs are issued via an initial public offering (IPO). .
  3. UITS are similar to both open-ended and closed-end mutual funds in that they all consist of collective investments in which many investors combine their funds to be managed by a portfolio manager.
  4. Also unlike mutual funds, UITs aren't actively-traded, meaning securities aren't bought or sold unless there's a change in the underlying investment, such as a corporate merger or bankruptcy. .
  5. Unlike mutual funds, UITs have a stated expiration date based on what investments are held in its portfolio; when the portfolio terminates, investors get their cut of the UIT's net assets.

Meaning of Unit investment trust (UIT) & Unit investment trust (UIT) Definition

Unit Investment Trust (UIT),

Definition of Unit Investment Trust (UIT):

Meaning of Unit Investment Trust (UIT): Unit Investment Trust (ITU) is an investment company that offers a fixed portfolio, usually consisting of stocks and bonds in the form of shares that investors can exchange for a specific period of time. It is designed to provide capital appreciation and / or profitable income. Mutual funds as well as mutual funds and mutual funds are interpreted as mutual funds.

  • Unitary Investment Fund (ITU) is a US financial company that buys or manages a group of securities, such as stocks or bonds, and provides them in the form of returnable shares to investors.
  • UITS is similar to open and closed mutual funds, as it consists of all collective investments in which multiple investors set up their funds to manage portfolio managers.
  • Like mutual funds, ITUs are bought and sold directly to the company that issued them. Although ITUs can sometimes be purchased in the secondary market, as closed closing funds, they are issued as part of an initial public offering (IPO).
  • Unlike mutual funds, ITUs have a maturity date based on the investment in their portfolio at the end of the portfolio period. Investors receive their share of ITU's net assets.
  • Unlike mutual funds, ITUs are not actively traded. This means that security is only bought or sold when the underlying investment changes. B. Company merger or bankruptcy

A collection of assets, usually bonds, that are sold to investors as units that form part of the total package. Unlike mutual funds, the investment in a unit does not change and is not changed or canceled at maturity. Usually sold through a broker.

Literal Meanings of Unit Investment Trust (UIT)


Meanings of Unit:
  1. An object or person that is considered unique and complete, but can also form part of a larger or more complex whole.

  2. A device that has a special function, especially one that is part of a complex mechanism.

  3. The quantity selected as the standard for the expression of another quantity.

  4. number one.

Sentences of Unit
  1. Large area of ​​a small unit

  2. Transmission and transmission

  3. Unit of measurement

Synonyms of Unit

fragment, portion, module, piece, ingredient, quantity, member, value, element, measurement, segment, constituent, part, denomination, component, subdivision, item, feature, measure, factor, section


Meanings of Investment:
  1. The act or process of investing money for material gain or income

  2. The environment of a place to be surrounded or stopped by enemy forces.

Sentences of Investment
  1. Discussion on private investment in road construction

Synonyms of Investment

speculation, investing


Meanings of Trust:
  1. Strong belief in one's credibility, truth, abilities or one's strength or something.

  2. An arrangement under which an individual (sincere) owns property as a nominal owner for the benefit of one or more beneficiaries.

  3. Big companies trying to gain monopoly control in the market.

  4. Business credit

  5. Hope or optimism

  6. Believe in reliability, truth, skill or power.

  7. Credit permission for (customer)

Sentences of Trust
  1. Relationships will be based on trust

  2. A relationship of trust has been established

  3. He himself uses the language of progressive reformist rhetoric to turn the store and its followers into wealthy, monopolistic and powerful people.

  4. My boss trusts the brewery

  5. Feminine any great faith

  6. I shouldn't believe it

  7. It is forbidden for anyone to trust a sailor

Synonyms of Trust

pin one's hopes on, conviction, put one's trust in, certainty, reliance, place one's trust in, keeping, belief, charge, sureness, credence, have confidence in, freedom from suspicion, pin one's faith on, protection, have faith in, custody, faith, assurance, care, safe keeping, certitude, have every confidence in, believe in, confidence, freedom from doubt