Undertakings For The Collective Investment Of Transferable Securities - UCITS

AAA

DEFINITION of 'Undertakings For The Collective Investment Of Transferable Securities - UCITS'

A public limited company that coordinates the distribution and management of unit trusts amongst countries within the European Union.

INVESTOPEDIA EXPLAINS 'Undertakings For The Collective Investment Of Transferable Securities - UCITS'

These funds can be marketed within all countries that are a part of the European Union, provided that the fund and fund managers are registered within the domestic country. The regulation recognizes that each country within the European Union may differ on their specific disclosure requirements.

RELATED TERMS
  1. Unit Trust - UT

    An unincorporated mutual fund structure that allows funds to ...
  2. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  3. Public Limited Company - PLC

    The standard legal designation of a company which has offered ...
  4. Equity Unit Investment Trust

    A registered trust in which investors purchase units from a fixed ...
  5. Unit Investment Trust - UIT

    An investment company that offers a fixed, unmanaged portfolio, ...
  6. Eurasian Economic Union (EEU)

    An economic union created in 2014 by a treaty signed by Russia, ...
Related Articles
  1. 20 Investments You Should Know
    Options & Futures

    20 Investments You Should Know

  2. Will ETFs Eventually Replace Mutual ...
    Mutual Funds & ETFs

    Will ETFs Eventually Replace Mutual ...

  3. Understanding The Bond Behemoth That ...
    Mutual Funds & ETFs

    Understanding The Bond Behemoth That ...

  4. Alternatives To Pimco's Total Return ...
    Bonds & Fixed Income

    Alternatives To Pimco's Total Return ...

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center