unit holder


Also found in: Financial.

unit holder

n
(Stock Exchange) an investor in a unit trust fund
References in periodicals archive ?
The quarterly distribution is payable in either cash or additional depositary units, at the election of each depositary unit holder and will be paid on or about April 16 to depositary unitholders of record at the close of business on March 12.
The refund may be obtained within three business days commencing from the date of issuance of investment report to the unit holder (cooling-off period).
Oryx Properties said it views the positive response from its unit holders as a vote of confidence in the company's investment strategy to create and grow unit holder value and the underlying quality of the company's property portfolio.
9446 units for every 100 units held by the unit holder.
The requirements also stipulate that the AMCs shall clearly disclose, at the time of investment, the maximum rate of sales load that is being charged to the unit holder.
Each growth unit holder will be entitled to receive 5.
Also, the company stated that a unit holder who has continually held units since inception will have received a total of CAD0.
Empowerment of unit holders for decisions on material aspects of a mutual fund including transfer of its management rights; Enhancement of role of trustees of mutual funds to ensure better safeguarding of unit holder interests and prohibiting them from investing in mutual funds for which they act as trustee.
Also, the fund said that a unit holder who has continually held units since inception will have received a total of CAD1.
Further, the fund said that the special distribution's capital gains part will be paid with the issue additional fund units and immediately thereafter will be followed by a consolidation of the numbers of fund units held by each unit holder of record after the consolidation the same number, before the distribution.
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