Investment trust: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 12: | Line 12: | ||
* [[Investment]] | * [[Investment]] | ||
* [[Investment company]] | * [[Investment company]] | ||
* [[Investment fund]] | |||
* [[Limited liability]] | * [[Limited liability]] | ||
* [[Net asset value]] | * [[Net asset value]] | ||
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).
