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  2. Unit trust - Wikipedia

    en.wikipedia.org/wiki/Unit_trust

    A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed by a fund manager. Unit trusts offer access to a wide range of investments, and depending on the trust, it may invest in securities such as shares, bonds, gilts, and also properties, mortgage and cash equivalents

  3. Unit investment trust - Wikipedia

    en.wikipedia.org/wiki/Unit_investment_trust

    Unit investment trust. In U.S. financial law, a unit investment trust ( UIT) is an investment product offering a fixed (unmanaged) portfolio of securities having a definite life. Unlike open-end and closed-end investment companies, a UIT has no board of directors. [1] A UIT is registered with the Securities and Exchange Commission under the ...

  4. First Trust (company) - Wikipedia

    en.wikipedia.org/wiki/First_Trust_(company)

    First Trust is an American financial services firm based in Wheaton, Illinois. The firm is primarily engaged in issuing exchange-traded fund (ETF) products. However, it is also involved with other products such as unit investment trusts (UIT), mutual funds , and separately managed accounts for institutional investors .

  5. Permanent University Fund - Wikipedia

    en.wikipedia.org/wiki/Permanent_University_Fund

    The Permanent University Fund (PUF) Santa Rita No. 1 rig, used in the discovery of the Big Lake Oil Field in 1923. The Permanent University Fund ( PUF) is a sovereign wealth fund created by the State of Texas to fund public higher education within the state. A portion of the returns from the PUF are annually directed towards the Available ...

  6. Texas Tomorrow Fund - Wikipedia

    en.wikipedia.org/wiki/Texas_Tomorrow_Fund

    The Texas Tomorrow Fund is a prepaid college investment program operating in Texas . There are two plans: The Texas College Savings Plan (formerly the Tomorrow's College Investment Plan). The former, The Texas Guaranteed Tuition Plan, is a constitutionally guaranteed plan administered by the Board that allows individuals to prepay college ...

  7. Investment Company Act of 1940 - Wikipedia

    en.wikipedia.org/wiki/Investment_Company_Act_of_1940

    The Investment Company Act of 1940 (commonly referred to as the '40 Act) is an act of Congress which regulates investment funds. It was passed as a United States Public Law ( Pub. L. 76–768) on August 22, 1940, and is codified at 15 U.S.C. §§ 80a-1 – 80a-64. Along with the Securities Exchange Act of 1934, the Investment Advisers Act of ...

  8. UTI Asset Management - Wikipedia

    en.wikipedia.org/wiki/UTI_Asset_Management

    UTI Mutual Fund Company [ edit] UTI Mutual Fund is the oldest mutual fund companies in India founded by the Government of India in 1963 with over 22 million investor accounts under its 230 domestic schemes as of September 2023. UTI Mutual Fund has a nationwide distribution network, which is spread across the length and breadth of the country.

  9. Permian Basin Royalty Trust - Wikipedia

    en.wikipedia.org/wiki/Permian_Basin_Royalty_Trust

    Permian Basin Royalty Trust. The Permian Basin Royalty Trust ( NYSE : PBT) is a United States oil and natural gas royalty trust based in Dallas, Texas. With a market capitalization of US $790,000,000, and an average daily trading volume of about 186,000 shares at the end of 2007, it was one of the largest royalty trusts in the United States.

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