Investment trust: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Typo 'a closed-ended'.) |
imported>Doug Williamson (Add link.) |
||
| (3 intermediate revisions by the same user not shown) | |||
| Line 10: | Line 10: | ||
* [[Bid-offer spread]] | * [[Bid-offer spread]] | ||
* [[Company]] | * [[Company]] | ||
* [[Investment]] | |||
* [[Investment company]] | * [[Investment company]] | ||
* [[Investment fund]] | |||
* [[Limited liability]] | * [[Limited liability]] | ||
* [[Net asset value]] | |||
* [[Open-ended investment company]] | * [[Open-ended investment company]] | ||
* [[Real estate investment trust]] (REIT) | * [[Real estate investment trust]] (REIT) | ||
* [[Security]] | * [[Security]] | ||
* [[Trust]] | |||
* [[Undertaking for collective investments in transferable securities]] | * [[Undertaking for collective investments in transferable securities]] | ||
* [[Unit trust]] | * [[Unit trust]] | ||
Latest revision as of 15:45, 22 October 2022
An investment trust is a limited liability company whose sole aim is to invest in securities issued by other entities.
Investment trusts are similar to unit trusts.
However, unlike a unit trust, the number of shares that can be issued is limited (it is a closed-ended structure).
