Investment trust

Resource type: Glossary item

Status: Law stated as at 30-Jan-2004

A listed company whose business is simply to invest in other companies. An investment trust holds a portfolio of investments in the same way as a unit trust (www.practicallaw.com/A37155), providing professional management and a spread of risk. Investors hold shares in the investment trust rather than units.

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  • Resource ID: 1-107-6296
  • Law stated date: 30-Jan-2004
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