Investment trust: Difference between revisions
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imported>Doug Williamson (Typo - add missing 'a'.) |
imported>Doug Williamson (Typo 'a closed-ended'.) |
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Investment trusts are similar to unit trusts. | Investment trusts are similar to unit trusts. | ||
However, unlike a unit trust, the number of shares that can be issued is limited (it is | However, unlike a unit trust, the number of shares that can be issued is limited (it is a closed-ended structure). | ||
Revision as of 13:15, 16 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 a closed-ended structure).
