What does fixed investment trust mean?
Definitions for fixed investment trust
fixed in·vest·ment trust
This dictionary definitions page includes all the possible meanings, example usage and translations of the word fixed investment trust.
Princeton's WordNet
nondiscretionary trust, fixed investment trustnoun
an investment trust that can buy only those securities listed when the trust was organized
ChatGPT
fixed investment trust
A fixed investment trust is a type of unit investment trust that has a fixed portfolio consisting of high-quality securities, usually municipal or corporate bonds. These securities are held until they mature and are not traded or managed by portfolio managers. The purpose of a fixed investment trust is to provide a steady income to investors, usually through interest or dividends. It provides lower risk compared to other types of similar investment models. Its portfolio remains fixed and predetermined throughout the life of the trust.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of fixed investment trust in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of fixed investment trust in Pythagorean Numerology is: 8
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"fixed investment trust." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/fixed+investment+trust>.
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