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A UIT is an investment vehicle which consists of a professionally selected unmanaged portfolio of securities which are held for a predetermined period of time.
Both the Russell 2000 Value and Russell 2000 Indices are not securities that can be purchased or sold, and their total returns are reflective of an unmanaged portfolio.
Example: Over 2 years, our unmanaged Portfolio of 20+ stocks that we have recommended has Outperformed the S&P 500 by over 50%.
The S&P/BARRA Indices are unmanaged portfolios derived from the S&P 500 Index, which is itself an unmanaged portfolio of 500 widely held stocks.
Fidelity's new FRoGS are designed to provide monthly income and preservation of principal through a fixed and unmanaged portfolio of U.