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unit trust
(redirected from Unit Trusts)

   Also found in: Financial, Wikipedia 0.01 sec.
unit trust
n
(Economics, Accounting & Finance / Banking & Finance) Brit an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.unit 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"
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
Translations
unit trust n (Brit) (Fin) → fondo d'investimento


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Unit trusts and OEICs are, in fact, both open-ended investments in that investors can freely trade in the units or shares of the funds.
This gives them an advantage over unit trusts in more difficult times because they are not affected if lots of investors sell at the same time," he says.
21 billion was paid into UK-based unit trusts and OEICs during October, 26% higher than September's figure and 13%above levels for the same month of 2006.
 
 
 
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