Equity Unit Investment Trust
 |
Definition of 'Equity Unit Investment Trust'
A registered trust in which investors purchase units from a fixed portfolio of equities, which are chosen and managed by a professional money manager. Securities in the trust remain there for the life of the trust, which is most often one year. At that point they can either be liquidated at market value or rolled over into a newer, current version of the trust.
|
 |
Investopedia explains 'Equity Unit Investment Trust'
Because investors purchase units of the trust, this investment allows investors to diversify and participate in dividends and capital gains without purchasing a large number of the equities themselves.
There are also various types of equity trust products, allowing investors to choose an investment that closely matches their own risk tolerance and investment goals.
|
-
UITs offer professional portfolio selection and a definitive investment objective. Are they right for you?
Read More »
-
Unit investment trusts provide direct exposure to the energy sector, fueling better returns.
Read More »
-
To take advantage of all your investing options, you need to know what your choices are. Here we tell you about the diverse features and advantages of 20 different financial instruments.
Read More »
-
|
|
