Assertion: unit investment trust | /r/HasProperty | uit
Facets:
Source sentences:
text: The rule applies to all registered investment companies, including mutual funds, closed-end investment companies, and unit investment trusts ("UITs"), and requires an investment company with a name that suggests a particular investment emphasis to invest in a manner consistent with its name.
text: For example, it may take the form of a mutual fund or exchange-traded fund (ETF), a real estate investment trust (REIT), or a unit investment trust (UIT).
text: Investment companies are categorized into three types: closed-end funds, mutual funds (or open-end funds) and unit investment trusts (UITs).
text: Unit investment trusts (UITs), which may be referred to as unit trusts, sell securities called units that represent shares in the trust’s assets.
text: As an association made up of U.S. investment companies, including mutual funds, closed-end funds, exchange-traded funds (ETFs), and unit investment trusts (UITs), ICI seeks to encourage adherence to high ethical standards among its members to gain public trust and confidence.
text: As of June 2018, ICI membership included 9,115 mutual funds, 562 closed-end funds, 1,643 exchange-traded funds (ETFs), and as of December 2017, 3,580 unit investment trusts (UITs).
text: Unit investment trusts (UITs) are issued to the public only once when they are created.
text: Exchange-traded funds, or ETFs, are investment companies that are legally classified as open-end companies or unit investment trusts (UITs), but that differ from traditional open-end companies and UITs.