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Unit Trust
(redirected from Unit Trusts)

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Unit trust
In the United Kingdom and other foreign markets, an open-end mutual fund.
Unit Trust
A British term for an open-ended mutual fund. See also: OEIC.

Unit trust. The category of investment known as a mutual fund in the United States is called a unit trust in other parts of the world.
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Unit trusts and OEICs are, in fact, both open-ended investments in that investors can freely trade in the units or shares of the funds.
Who Needs Financial Investment Advice? by Simon Burgess / Finance and Investment community
This gives them an advantage over unit trusts in more difficult times because they are not affected if lots of investors sell at the same time," he says.
Gearing up for super-charged returns by guardian.co.uk / guardian.co.uk
21 billion was paid into UK-based unit trusts and OEICs during October, 26% higher than September's figure and 13%above levels for the same month of 2006.
ISAs fall out of favour with investors by Huddersfield Daily Examiner (Huddersfield, England)
 
 
 
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