Investment trust

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Related to Investment trust: Real Estate Investment Trust, investment trust company

Investment trust

A closed-end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets, like corporate stock. The market price may exceed the asset value per share, in which case shares are selling at a premium. When the market price falls below the (NAV)/share, shares are selling at a discount. Many closed-end funds are of a specialized nature; the portfolio represents a particular industry or country. These funds are usually listed on US and foreign exchanges.

Unit Investment Trust

An investment company that offers an unmanaged portfolio of stocks and/or bonds, packaging the portfolio as shares that are redeemable from the trust after a certain period of time. Unit investment trusts are designed to give shareholders income from dividends and/or coupons. See also: Mutual fund.
References in periodicals archive ?
Possible merger of the Blue Planet Investment Trusts pursuant to a Scheme of Reconstruction
We worked together with Wells Real Estate Investment Trust to assemble the additional space," Peck explained.
However if you know where you want to invest, you can buy them di-rectly, from the investment trust managers.
Whilst they can be strong longterm performers, it is important that you chose the investment trust that's appropriate for you.
The Association of Investment Trust Companies (AITC) produces a range of statistics and fact sheets on investment trusts, along with a free magazine, its the news, which explains about investment trusts, their benefits, and lists all member companies of the AITC.
8 billion yen in investment profits stemming from recovering stock prices toward the end of November, helping boost the net assets in overall investment trusts, association officials said.
Japan has maintained a partition between investment trust management companies and brokerages because of scandals in which some brokerages acted against the interests of customers who had bought their investment trust products by trading in stocks that made up the investment trusts for the mere purpose of boosting commission revenues.
So far, investment trust management companies have been exempted from this ban only when they sell investment trusts dealing solely in Japanese stocks and bonds.
RioCan is Canada's largest real estate investment trust with a total market capitalization of approximately $6.
Ranking of top competitors in unit trusts/OEICS and Investment Trusts
Among collective investments, unit trusts and OEICs are the dominant products in terms of funds under management, largely due to their open-ended nature, which is preferred by consumers over closed-ended investment trusts.
I'm excited to be a part of an organization such as RAIT Investment Trust whose management has consistently created value for its shareholders," said Randy Scarborough.

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