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Municipal Investment Trust (MIT) |
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Municipal Investment Trust (MIT)A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free.Municipal Investment Trust (MIT) Similar MatchesInvestment businessInvestment businessThe Financial Services Act 1986 defines investment business to include dealing, arranging deals in, managing and advising on investments in addition to the setting up and operation of collective investment schemes. Association of Unit Trusts and Investment FundsAssociation of Unit Trusts and Investment FundsA trade association formed in 1959 to represent the interests of unit trusts and known then as the Unit Trust Association. The Association was renamed AUTIF in April 1993 and merged with the Fund Manager's Association in February 2002 to form the Investment Management Association (IMA). Its stated objectives are:to make representations to the UK Government on legislative, regulatory and taxation matters which affect the business interests of its membersto liase with the Financial Services Authority and other organisations in the UK and Europe on regulatory matters and other important issuesto increase public awareness and understand ing of investment fundsto seek to improve the standards of training in the industryto seek to integrate personal finance education into the school curriculumto add value to member companies by providing them with information, guidance and assistance in matters related to their businessto offer an information service to external parties interested in the activities of the UK investment funds industryIMA's website is: http://www.investmentfunds.org.uk Foreign investment risk matrix (FIRM)Foreign investment risk matrix (FIRM)Graph that displays financial and political risk by intervals on which countries may be compared according to risk ratings. InvestmentInvestmentThe buying of shares in individual companies or units in collective funds (unit trusts, OEICs etc) in order to earn income and to make a capital profit.The placing of money with banks and other financial institutions in order to earn interest.In the UK, the Financial Services Act 1986 defines investments to include shares, debentures and other securities such as government securities, certain options and warrants, unit trusts and other forms of collective investment schemes, futures contracts and some long term life insurance contracts. Reinvestment rateReinvestment rateThe rate at which an investor assumes interest payments made on a debt security can be reinvested over the life of that security. Further SuggestionsCapital investmentreturn on investment Normal investment practice Independent investments Association of Private Client Investment Managers and Stockbrokers Foreign direct investment (FDI) Foreign Direct Investment Reinvestment effect Guaranteed investment contract (GIC) Enterprise Investment Scheme investment club Ethical Investment Research Service investment company Brown field investment Investment letter Diversified investment company Personal Investment Authority Securities and Investments Board Temporary investment Direct investment Zero investment portfolio Passive investment management Value Line investment survey investment trust Overinvestment |
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