unit trust n a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities Synonym(s) unit investment trust
News & Articles unit trust Royal Bank of Canada announces redemption of RBC Trust Capital Securities - Series 2013 TORONTO, Oct. 25, 2013 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced that RBC Capital Trust II, an open-end unit trust established by Royal Bank of Canada, will redeem all of its issued ... Oct. 25, 2013 - PR Newswire via Yahoo! Finance