unit trust

(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

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

u′nit trust`

1. an investment company having a fixed portfolio of securities that are held to maturity, each investor sharing in the profits proportionately.

2. a type of mutual fund in which an investor must invest a specified amount of money each month or quarter.

[1935–40]

unit trust

mutual fund

ThesaurusAntonymsRelated WordsSynonymsLegend:

Noun

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"

unit investment trust

investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies

Translations

fondo d'investimento unit...

unit trust

n (Brit) (Fin) → fondo d'investimento

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

Mentioned in

References in periodicals archive

Eventually, unit trust companies made arrangements with life companies to sell policies linked to their own units.

A short history of variable contracts

JB Vantage won not only the Silver but also the Bronze award in the Best Unit Trust category, at the seventh annual CFA Capital Market Awards, held at the Cinnamon Grand recently.

JB Vantage continues winning streak for Unit Trust at CFA Capital Market Awards 2019

Standard Chartered Securities, a part of Standard Chartered Plc (LSE: STAN) (STD.DE) (OTC: SCBFF) (HKG: 2888), has entered into a partnership with Invesco to introduce six new unit trust funds to the local Brunei Darussalam market, according to an online report.

Standard Chartered Securities launches Invesco funds in Brunei Darussalam

'When individuals invest in a unit trust, they buy a certain amount of units.

Batswana lack education on financial investment

Hong Leong Bank (HLB) and Hong Leong Islamic Bank (HLISB), which are now authorised agents for Amanah Saham Nasional Bhd (ASNB) unit trust funds, will offer, beginning Friday, all 12 ASNB funds for public subscription.

Hong Leong, Hong Leong Islamic to offer ASNB funds effective June 1

It is a closed-end unit trust established by Royal Bank of Canada.

RBC announces RBC Trust Capital Securities - Series 2008-1 redemption

25 May 2017 - UK-based private equity fund manager Electra Private Equity plc's (LSE: ELTA) manager, Epris, has sold UK-focused freehold investment property portfolio PINE unit trust to Universities Superannuation Scheme for GBP 95m (USD 123.36m), the firm said.

Epiris Sells UK-Focused Property Portfolio for GBP 95m

An award-winning fund manager, he built up the highly-regarded AES Smaller Companies Unit Trust from launch to PS330 million at its peak and headed Albert E Sharp's unit trust division.

A Wealth of experience

Once you have used up your investment ISA allowance for the tax year you have the option to invest even more in a unit trust. If you are thinking of investing money in a unit trust, we recommend you only invest money you can afford to leave invested for at least five years, to increase your chances of a good return.

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