unit investment trust (Meaning)
Wordnet
unit investment trust (n)
a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Synonyms & Antonyms of unit investment trust
No Synonyms and anytonyms found
unit investment trust Sentence Examples
- A unit investment trust (UIT) is a type of mutual fund that invests in a fixed portfolio of securities.
- UITs offer investors a way to diversify their investments and reduce risk.
- UITs are typically traded on exchanges, just like stocks and bonds.
- When you buy a UIT, you are buying a unit that represents a share of the underlying portfolio.
- UITs can be classified by their underlying assets, such as equity UITs, bond UITs, and money market UITs.
- Equity UITs invest primarily in stocks, while bond UITs invest primarily in bonds.
- Money market UITs invest in short-term, highly liquid investments, such as Treasury bills and certificates of deposit.
- UITs are managed by professional investment managers who make decisions about the underlying portfolio.
- UITs are a good option for investors who want a diversified portfolio but don't have the time or expertise to manage their own investments.
- UITs can be a valuable addition to any investment portfolio, providing diversification, liquidity, and professional management.
FAQs About the word unit investment trust
a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
No synonyms found.
No antonyms found.
A unit investment trust (UIT) is a type of mutual fund that invests in a fixed portfolio of securities.
UITs offer investors a way to diversify their investments and reduce risk.
UITs are typically traded on exchanges, just like stocks and bonds.
When you buy a UIT, you are buying a unit that represents a share of the underlying portfolio.
