unit trust English

Meaning unit trust meaning

What does unit trust mean?

unit trust

— noun (= unit investment trust) a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities you can invest in a unit investment trust for as little as $1000

Synonyms unit trust synonyms

What other words have the same or similar meaning as unit trust?

unit trust English » English

unit investment trust

fixed trust

unit fund

open-end mutual fund

open-end investment trust

open-end investment fund

open-end investment company

mutual fund

investment trust

fixed investment trust