investment trust

Definition

A closed-end fund established to produce income through investments. They have a fixed number of shares, trade like stocks, and are regulated by the Investment Company Act of 1940.

Use investment trust in a sentence

You should try and figure out a good investment trust that you can use to make even more money from your money.

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The investment trust showed a remarkable return over the last five years, but the current year showed that they might need to make some changes to the portfolio.

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My grandfather established an investment trust for his children and descendants that is still in operation today and is still paying each of us grandkids an income.

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Unit Investment Trust issuer