Statutory investment


 

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Statutory investment

An investment that a trustee is authorized to make under state law.



Statutory investment

Similar Matches

Capital investment

Capital investment

See: Capital expenditure.


Local authority investment

Local authority investment

A bond issued by a local authority in order to raise capital for its budget.


Investment agreement

Investment agreement

An contract specifying the rights and responsibilities of a host government and a corporation in the structure and operation of an investment project.


Target investment mix

Target investment mix

The percentage mix of stocks, bonds, and short-term reserves that an investor considers appropriate based on his/her personal objectives, time horizon, risk tolerance, and financial resources.


Association of Unit Trusts and Investment Funds

Association of Unit Trusts and Investment Funds

A 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


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