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Defined asset fund |
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Defined asset fund A unit investment trust consisting of a fixed portfolio of securities, including blue chips, REITs, or high-yielding stocks on a major exchange such as the NYSE or FTSE. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Prior to joining Prudential Financial, King was chief portfolio strategist for Merrill Lynch Defined Asset Funds, where he managed the investment process for equity assets held in strategy-based equity products and oversaw asset allocation and risk analysis functions. |
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