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What (who) is investment trust - definition
Investment trust
COLLECTIVE INVESTMENT FUND
Investment trusts; Investment Trust; Draft:Collective investment trusts
An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as public limited companies and are therefore closed ended since the fund managers cannot redeem or create shares.
investment trust
COLLECTIVE INVESTMENT FUND
Investment trusts; Investment Trust; Draft:Collective investment trusts
¦ noun a limited company which buys and sells shares in selected companies to make a profit for its members.
Mercantile Investment Trust
BUSINESS
JPMorgan Fleming Mercantile Investment Trust
Mercantile Investment Trust () is a large British investment trust dedicated to investments in medium and smaller companies in the United Kingdom. Established in 1884, the company is a constituent of the FTSE 250 Index.
Examples of use of investment trust
1. Children and Youth Investment Trust donated funds.
2. It‘s the big chance," James Smith of Utilico investment trust said.
3. Ian Rushbrook, who manages the '4;Ł18'm Personal Assets investment trust is another.
4. 03 June 2005 The International Biotechnology investment trust has appointed Andrew Smith as an investment manager.
5. If a fund manager is a director of the investment trust company, they have to disclose their stakes.