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Unit investment trust |
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Unit investment trustMoney invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value.Unit investment trust Similar MatchesInvestment companyInvestment companyA company which invests the funds of small private investors in a range of securities. This enables fund shareholders to partake in ownership of a diversified portfolio of shares. Investment companies are classified as either open end (mutual fund) or closed end (investment trust). Securities and Investments BoardSecurities and Investments BoardA private limited company formerly reporting to the Chancellor of the Exchequer with responsibility for the regulation of the UK investment market in accordance with the Financial Services Act 1986. It was replaced by the Financial Services Authority (FSA) in October 1997. 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 Expected return on investmentExpected return on investmentThe return one can expect to earn on an investment. See: Capital asset pricing model. Investment Valuation Model (IVM)Investment Valuation Model (IVM)The basic mathematical technique of finance that calculates the value of an investment as the present value of all future cash flows expected to be generated by the investment. Further SuggestionsInvestment Advisers ActMutually exclusive investment decisions Registered investment company Investment history Association of Investment Trust Companies Investment climate Portfolio investment Finite Life Real Estate Investment Trust (FREIT) Registered investment adviser investment income Monthly investment plan Multilateral Investment Guarantee Agency (MIGA) Investment Company with Variable Capital Underinvestment problem Tradepoint Investment Exchange Capital investment Direct investment Direct Foreign Investment Income investment company investment trust investment Foreign portfolio investment Ethical Investment Research Service Statutory investment Alternative investments |
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