Resource title

SIC 6726 Unit Investment Trusts, Face Amount Certificate Offices, and Closed-End Management Investment Trusts - Description, Market Prospects, Industry History

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Resource description

Unit investment trust (UIT) and closed-end fund (CEF) companies sell shares in securities portfolios. These shares must be purchased when they are initially issued—or afterwards on the open market—and are not redeemable before a designated date.

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Resource language

en

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text/html

Resource resource URL

http://www.referenceforbusiness.com/industries/Finance-Insurance-Real-Estate/Unit-Investment-Trusts-Face-Amount.html

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Copyright © 2011 Advameg, Inc.