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Unit Share Investment Trust (USIT) |
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Unit Share Investment Trust (USIT)A unit investment trust comprising one unit of prime and one unit of score.Unit Share Investment Trust (USIT) Similar MatchesAutomatic reinvestmentAutomatic reinvestmentSee: Constant dollar plan. InvestmentInvestmentThe creation of more money through the use of capital. Investment bankInvestment bankFinancial intermediaries who perform a variety of services, including aiding in the sale of securities, facilitating mergers and other corporate reorganizations, acting as brokers to both individual and institutional clients, and trading for their own accounts. See: Underwriters. Investment clubInvestment clubA group of individuals who combine their capital and invest it collectively. The advantage of these clubs is that members' funds are invested in a range of securities thus reducing risk and fees. There are also educational advantages. In the UK, the driving force behind the investment club movement is ProShare. (http://www.proshare.org.uk) Dividend reinvestment planDividend reinvestment planA plan which allows private investors to reinvest cash dividends from their investments cheaply and easily back into the market, and so obtain the benefits of compounding.The Plan is managed by an administrator appointed by the company. On the dividend date, shareholders who join the plan are still paid the cash dividend, but the administrator then uses the cash to buy shares in the company on behalf of the shareholder. Any cash left over is sent to the shareholder in the normal way. Dealing commission on such purchases is usually 1%. Note that the Plan Administrator does not have to make the plan available for any and every dividend that the company pays. If it is not made available, shareholders will receive the cash dividend. Further SuggestionsInvestment clubEthical Investment Research Service Enterprise Investment Scheme Diversified investment company Foreign direct investment (FDI) Leveraged investment company Overinvestment Alternative Investment Market Direct investment Underinvestment problem investment trust Mutually exclusive investment decisions investment income Investment certificate Unit investment trust Unamortized premiums on investments Investment Company with Variable Capital investment grade local authority investment Independent investments Foreign portfolio investment Association of Investment Trust Companies Guaranteed investment contract (GIC) Portfolio investment Brown field investment |
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