Definitions
There is 1 meaning of the phrase
Unit Trust.
Unit Trust - as a noun
A regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Example: "You can invest in a unit investment trust for as little as $1000"
Synonyms (Exact Relations)
unit investment trustExample Sentences
"I invested in a unit trust to diversify my portfolio."
"She decided to invest her savings into a unit trust."
"The unit trust manager was responsible for making investment decisions."
"They offer a variety of unit trust funds for different risk levels."
"Investors can buy and sell units of a unit trust at the net asset value."
