Sentences with phrase «unit investment trust»

Unlike other types of mutual funds, unit investment trusts do not have a professional investment manager.

This issue's focus is on unit investment trusts.

The first ETFs were structured as Unit Investment Trusts (UIT) which are registered under the Investment Company Act of 1940.

Included in this group are sell - side research firms with broker operations, NYSE and Nasdaq trading desk positions of investment banks, investment banking client desks that execute buyback programs on behalf of corporations, private client firms that essentially act as custodians for high net worth individuals, and brokers that sell unit investment trusts or exchange traded products.

First Trust Advisors, the Fund's investment advisor, along with its affiliate, First Trust Portfolios, are privately - held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately USD90 billion as of 29 February, 2016 through unit investment trusts, exchange - traded funds, closed - end funds, mutual funds and separate managed accounts

by David Merkel Open - end Mutual Funds, including index funds Closed - end Mutual Funds Exchange Traded Funds, including index funds Separately Managed Accounts Unit Investment Trusts Hedge...

February 15, 2018 Generally, this document includes mutual funds, certain unit investment trusts (UITs), real estate investment trusts (REITs) and certain equities that were not included in the phase one.

Shares issued by unit investment trusts that are invested exclusively in one or more open - end funds, none of which are funds advised or sub-advised by the firm.

MONY also gives its career agency distribution system the right to use other non-proprietary investment products, including stocks, bonds, tax - exempt unit investment trusts, limited partnership interests, and other investment securities.

This is a special problem for ETFs that are organized as unit investment trusts (UITs), which, by law, can not reinvest dividends in more securities and must hold the cash until a dividend is paid to UIT shareholders.

Included in this group are sell - side research firms with broker operations, NYSE and Nasdaq trading desk positions of investment banks, investment banking client desks that execute buyback programs on behalf of corporations, private client firms that essentially act as custodians for high net worth individuals, and brokers that sell unit investment trusts or exchange traded products.

Initially, the IRA will include stocks, bonds, CDs and variable annuities, Edward Jones said, but «for now,» the IRA will not include exchange - traded funds, unit investment trusts or mutual funds.

Brian Reid is chief economist at the Investment Company Institute, the national association of U.S. investment companies, including mutual funds, closed - end funds, exchange - traded funds (ETFs) and unit investment trusts (UITs).

The Unit Investment Trust, which is actually a corporate income fund, is similar to a regular money market account, except it?s made up of a group of higher grade securities, and instruments, and usually pays out dividends on a monthly basis...

Corporate Income Fund - a corporate income fund is a specific type of a Unit Investment Trust... The UIT (Unit investment trust) has a fixed portfolio comprised only of high grade financial securities.

For tax purposes, exchange - traded products come in one of five structures: open - end funds; unit investment trusts (UITs); grantor trusts; limited partnerships (LPs); and exchange - traded notes (ETNs).

Institutional investors, such as pension funds, mutual funds, unit investment trusts, endowments, insurance companies and others looking for diversification or to match liabilities can use these securities to help ensure their investment goals are met and to protect the value of their investments.

The investment is a unit investment trust designed to correspond generally to the performance, before fees and expenses, of the Nasdaq - 100 index.

The Wealth Management segment offers brokerage and investment advisory services covering various types of investments, including equities, options, futures, foreign currencies, precious metals, fixed - income securities, mutual funds, structured products, alternative investments, unit investment trusts, managed futures, separately managed accounts, and mutual fund asset allocation programs.

The brokerage had us invested in what was called a Unit Investment Trust.

The Unit Investment Trust consisted of a bundle of stocks selected to be purchased by [the brokerage firm] to meet some investment criteria.

When a broker creates a unit investment trust, or fixed trust, he / she assembles a portfolio of varied investments and then sells pieces, or «units» of that portfolio to other brokers for them to offer their investors.

We do not accept limit orders for municipal bonds, commercial paper, unit investment trusts (UITs), certificates of deposit (CDs), or mutual funds.

Investors who want to achieve automatic diversification of their bond investments for less than it would cost to construct a portfolio of individual bonds can consider investing in bond mutual funds, unit investment trusts or exchange - traded funds.

Unit Investment Trusts (UITs) are typically sold by brokers and they pay dividends on a fixed, unmanaged portfolio of stocks and bonds to investors for a specific period of time.

ALPS Distributors, Inc., a registered broker - dealer, is distributor for SPDR shares, DOW Diamonds and Select Sector SPDRs, all unit investment trusts.

There are several ways to invest in bonds, including purchasing individual bonds or investing in bond funds or unit investment trusts.

Treasury securities, options, unit investment trusts, commodities, derivatives and mutual funds are also considered liquid assets and marketable securities.

These structures are ETFs, but they can behave differently than open - ended funds and unit investment trusts, which many often mistakenly think follow the general structure of an ETF.

Municipal bonds can be purchased individually, through a mutual fund, or as part of a unit investment trust.

Open - ended funds and unit investment trusts are where one will most likely find a passive, index - tracking ETF that holds stocks.

In addition to mutual funds, closed - end funds and ETFs, you might hear about a fourth type of fund: unit investment trusts.

Financial institutions that provide investment management or custody and securities fee - based services, including mutual funds, closed - end funds and unit investment trusts.

A Unit Investment Trust (UIT) is a type of investment company that offers shares as «units» usually redeemable by the investor with the company.

As such, it is a leap of faith to expect individual investors to easily comprehend the differences between exchange - traded funds, exchange - traded notes, unit investment trusts, and grantor trusts.

However, unlike a mutual fund, the unit investment trust does not change its portfolio over the life of the fund and invests for a fixed length of time.

Offbeat Offerings Offbeat Offerings: Unit Investment Trusts An investor reference for products that are not your typical offering.

Another type of pooled fund, aside from the mutual fund, is the unit investment trust.