Penalty and Unit trust: Difference between pages

Latest revision as of 19:10, 20 October 2022

Investment - UK.

A unit trust is a vehicle for small investors to invest, indirectly, in listed securities.

The small investors buy units in the unit trust, and the trust invests in a portfolio of listed securities.

A unit trust is similar to an open-ended investment company, except that the units in the unit trust are not themselves listed.

@@ Line 1: / Line 1: @@
-Penalties are generally designed to punish, or discourage, particular behaviour (or omissions).
+''Investment - UK''.
-In the finance context, penalties are usually money amounts.
+A unit trust is a vehicle for small investors to invest, indirectly, in listed securities.
-Examples include tax penalties, penalty charges for late payment of debts, and loss of interest for early withdrawal of a fixed time deposit.
+The small investors buy units in the unit trust, and the trust invests in a portfolio of listed securities.
+A unit trust is similar to an open-ended investment company, except that the units in the unit trust are not themselves listed.
-==See also==
-*[[Breach]]
-*[[Default surcharge]]
-*[[Liquidated damages]]
-*[[Payables management]]
-*[[Penalty clause]]
-*[[Remedy]]
-*[[Time deposit account]]
-[[Category:Accounting,_tax_and_regulation]]
+== See also ==
+* [[Investment]]
+* [[Investment trust]]
+* [[Open-ended investment company]]
+* [[Security]]
+* [[Trust]]
+* [[Undertaking for collective investments in transferable securities]]
+* [[Unit]]
+* [[Vehicle]]
+[[Category:Financial_products_and_markets]]