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unit investment trust
(redirected from Fixed Trusts)

    Also found in: Financial, Wikipedia 0.01 sec.
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Noun1.unit investment trust - a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities; "you can invest in a unit investment trust for as little as $1000"
unit trust
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
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The draft legislation did not accord with prior announcements -- it would exempt fixed trusts and would not in fact tax trusts like companies -- and represented the highly ideological left-of-centre philosophies that have become expected from the Australian Taxation Office.
Mr. Peter Reith and the liberal succession. (Editorial Comment) by National Observer - Australia and World Affairs
Rollover relief will eliminate capital gains liability when there is an exchange of interests in companies or fixed trusts because of a takeover.
Australia Improves Capital Gains Tax to Attract Investment From U.S. ... by PR Newswire
 
 
 
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