unit investment trust : Definition, Usages, News and More
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unit investment trust
n a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Settlement time for U.S. trades closer to being shortened The Depository Trust & Clearing Corporation, which processes all U.S. stock and fixed income trades, said on Wednesday it supports shortening the settlement cycle for U.S. equities, corporate and municipal bonds, and unit investment trust trades. The settlement cycle, which refers to the time between when a trade is made and the time that the buyer must make the payment and the seller must ...
April 23, 2014 - Reuters via Yahoo! Finance
Settlement Time For U.S. Trades Could Be Shortened The Depository Trust & Clearing Corporation, which processes all U.S. stock and fixed income trades, said on Wednesday it supports shortening the settlement cycle for U.S. equities, corporate and municipal bonds, and unit investment trust trades.
April 23, 2014 - FOX Business
AAM Launches NASDAQ Q-50 Index(SM) Portfolio Unit Investment Trust MONUMENT, Colo., April 21, 2014 /PRNewswire/ -- Advisors Asset Management (AAM) has launched the NASDAQ Q-50 Index SM Portfolio, Series 2014-1Q (Ticker: NQFNAX), a new unit investment trust (UIT) seeking ...
April 21, 2014 - PR Newswire via Yahoo! Finance