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Unit Investment Trusts

unit investment trust (UIT) is an exchange-traded mutual fund offering a fixed (un-managed) portfolio of securities having a definite life. 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 designed to provide capital appreciation and/or dividend income.

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If you are interested in learning more about UITs, please contact an Alamo Capital Broker by calling (877) 68-ALAMO – or – (877) 682-5266, fill out our brief contact form or email [email protected].

Source: Wikipedia

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