Investment trust: Difference between revisions
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* [[Bid-offer spread]] | * [[Bid-offer spread]] | ||
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* [[Investment company]] | * [[Investment company]] | ||
* [[Limited liability]] | * [[Limited liability]] |
Revision as of 15:15, 9 July 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).