What is The Definition of Unitized Fund?
A stock fund is a type of mutual fund structure that uses a pool of money to invest with the stated stock values to individual investors. Group assets are handled for a specific purpose, usually focused on a single security. Investors receive a daily unit price for participation.
- A stock fund is a way to generalize the assets of more than one investor, usually in a concentrated investment such as the same stock.
- Employee ownership and retirement plans (ESOPs) that make company stock available to employees often use a consolidated fund structure to manage those shares more efficiently.
- As a rule, in addition to targeted investments, unit funds also contain a small amount of cash or other assets, so unit prices vary slightly from the actual units.
- UK insurers can also use the fund structure to separate policyholder-managed investments.
Literal Meanings of Unitized Fund
Meanings of Unitized:
Found in a joint or a single unit or a whole.
(Said product) products are packed in units.
Meanings of Fund:
Paying for a specific purpose.
The amount of savings or money available for a specific purpose.
Sentences of Fund
The World Bank refused to finance the project
Created Economic Investment Coordination Fund
Synonyms of Fund
endow, be a patron of, finance, kitty, reserve, maintain, back, sponsor, underwrite, support, provide finance for, pool, pay for, provide capital for, purse, collection, capitalize, subsidize, float, put up the money for