Investment trust: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: Linked pages.) |
imported>Doug Williamson (Typo - add missing 'a'.) |
||
Line 1: | Line 1: | ||
An investment trust is limited company whose sole aim is to invest in securities issued by other entities. | An investment trust is a limited liability company whose sole aim is to invest in securities issued by other entities. | ||
Line 9: | Line 9: | ||
== See also == | == See also == | ||
* [[Bid-offer spread]] | * [[Bid-offer spread]] | ||
* [[Company]] | |||
* [[Investment company]] | * [[Investment company]] | ||
* [[Limited liability]] | |||
* [[Open-ended investment company]] | * [[Open-ended investment company]] | ||
* [[Real estate investment trust]] (REIT) | * [[Real estate investment trust]] (REIT) |
Revision as of 17:15, 15 December 2021
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 an closed -ended structure).