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Statutory investment |
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Statutory investmentAn investment that a trustee is authorized to make under state law.Statutory investment Similar MatchesAssociation of Private Client Investment Managers and StockbrokersAssociation of Private Client Investment Managers and StockbrokersAn association formed in 1990 to represent the interests of stockbroking and investment management firms which specialise in the provision of services for private investors (Also known as private clients). Member stockbrokers are members of the London Stock Exchange and regulated by the Financial Services Authority (FSA). Investment management firms are also regulated by the FSA.http://www.apcims.co.uk. Regulated investment companyRegulated investment companyAn investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided. Registered investment companyRegistered investment companyAn investment firm which is registered with the SEC and complies with certain stated legal requirements. Ethical investmentEthical investmentThe policy of selecting stocks for your portfolio partly on the grounds of the ethical or environmental code pursued by the companies in question.If you ask ten people what they think is ethical you will get ten different answers. Ethical views, by their very nature, are subjective.The major exclusions tend to be arms, alcohol, tobacco, gambling, animal testing, environmental damage and the payment of exploitative wages in developing countries. But the list could extend almost indefinitely and a complete screening by the Ethical Investment Research Service (EIRIS) would eliminate 60% of the FTSE 100 index.You can screen out negative factors or adopt a positive screening process and select companies with a clear environmental policy, for example.An ethical fund or portfolio of shares requires an appropriate performance benchmark. It will not reflect the market movements as a whole as it will hold a higher than average proportion of smaller companies which are much more volatile than blue chips.EIRIS maintains a database which you can use to filter an existing portfolio or to build one from scratch, using your own selection of a wide range of criteria. EIRIS: 020 7840 5700. e-mail: ethics@eiris.org website http://www.eiris.orgIn February 2000 FTSE International launched a set of stock indices called FTSE4Good. This is a tradeable and benchmark index which requires member companies to meet certain ethical standards for inclusion. Finite Life Real Estate Investment Trust (FREIT)Finite Life Real Estate Investment Trust (FREIT)A Real Estate Investment Trust whose priority is to sell its holdings within a specified period to realize capital gains. Further SuggestionsPassive investment managementForeign investment argument for protection Investment Company Institute (ICI) Association of Unit Trusts and Investment Funds Investment Risk Investment product line (IPL) Legal investments Return on investment (ROI) Foreign investment risk matrix (FIRM) Investment Company Act of 1940 Zero investment portfolio Securities and Investments Board Investment Valuation Model (IVM) Monthly investment plan Multilateral Investment Guarantee Agency (MIGA) Foreign Direct Investment Portfolio investment Passive investment strategy Tradepoint Investment Exchange Investment company Unit Share Investment Trust (USIT) investment trust Reinvestment rate Investment agreement Investment manager |
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