Unit Investment Trusts (UIT): Everything You Need to Know

[ez-toc] What are Unit Investment Trusts? A Unit Investment Trust (UIT) is a type of investment fund that offers a fixed portfolio of securities, such as stocks or bonds. It operates as a trust, and investors purchase units or shares of the trust, which represent proportional ownership in the underlying assets. Envision a financial ally… Continue reading Unit Investment Trusts (UIT): Everything You Need to Know