Investment trust

(redirected from Investment trusts)
Also found in: Dictionary, Thesaurus, Wikipedia.
Related to Investment trusts: Real estate investment trusts

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 ?
Prudential's Lawson said: "While Japan restructures its pension systems, we can expect more consumers, including women, to gain more understanding about investment trusts.
is an information company focused exclusively on serving the information needs of the institutional real estate investment community - pension funds, insurance companies, commercial banks, credit companies and other lenders, real estate investment trusts, syndication companies, money managers, real estate investment managers, and large publicly or privately held development and investment institutions.
The Trust is an equity-oriented, regionally focused, self-administered real estate investment trust that invests in and manages quality income-producing properties that offer attractive current returns and solid potential for long-term appreciation.
The Boards of the Blue Planet Investment Trusts announce that they are currently evaluating the possible merger of all twelve investment trusts to create a single, larger investment trust.
Investment trusts have independent Boards of Directors who look after shareholder interests and monitor the activities of the fund manager.
QA Im interested in obtaining a unit investment trust.
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.
It was the second consecutive month in which canceled or redeemed investment trusts outnumbered newly opened investment trusts.
chairman, president and CEO, Washington Real Estate Investment Trust, (NYSE:WRE), Rockville, MD; Bruce W.
Banks will move into this field in December, when the government is to abolish a regulation barring them from selling investment trusts at their branches.
Members are real estate investment trusts (REITs) and other businesses that own, operate and finance income- producing real estate, as well as those firms and individuals who advise, study and service those businesses.
He is a member of the American Institute of Certified Public Accountants, the Pennsylvania Institute of Certified Public Accountants and has been an associate member of the National Association of Real Estate Investment Trusts.