Unit Investment Trust Stocks List
Related Industries:
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
RUDH | A | RBC Quant US Div Leaders ETF | 101.55 | |
RIDH | A | RBC Quant EAFE Div Leaders ETF | 99.7 | |
RPDH | A | RBC Quant European Div Leaders ETF | 98.57 | |
PINC | B | Purpose Multi Asset Income Fund | 11.23 | |
PIN | B | Purpose Monthly Income Fund | 7.62 |
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Related Industries:
- Unit Investment Trust
In U.S. financial law, a unit investment trust (UIT) is an exchange-traded mutual fund offering a fixed (unmanaged) portfolio of securities having a definite life. Unlike open-end and closed-end investment companies, a UIT has no board of directors. A UIT is registered with the Securities and Exchange Commission under the Investment Company Act of 1940 and is classified as an investment company.
UITs are assembled by a sponsor and sold through brokerage firms to investors.
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