Unit Investment Trust

Unit Investment Trust (UIT): Fixed Portfolio Investment Vehicle
Unit Investment Trust (UIT) is a type of investment vehicle registered with the SEC under the Investment Company Act of 1940. UITs purchase a fixed portfolio of securities, including bonds and stocks.
Widely Held Fixed Investment Trust (WHFIT): Definition and Functionality
Explore the detailed definition and functionality of a Widely Held Fixed Investment Trust (WHFIT), including its structure, types, benefits, and regulatory considerations.

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