Offbeat Offerings: Unit Investment Trusts
by Cara Scatizzi
A unit investment trust (UIT) is an investment vehicle that offers an unmanaged portfolio of securities. Investors buy units in the trust and receive a share of principal and dividends.
In this article
- How It Works
- Types
- How to Trade
- Investor Suitability
- Tax Consequences
- The Pros
- The Cons
- Additional Information
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