Investment trust

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).

See also

• Bid-offer spread
• Company
• Investment company
• Limited liability
• Open-ended investment company
• Real estate investment trust (REIT)
• Security
• Undertaking for collective investments in transferable securities
• Unit trust