Split Capital Investment Trust

A split capital investment trust (split) is a type of investment trust which issues different classes of share to give the investor a choice of shares to match their needs. Most splits have a limited life determined at launch known as the wind-up date. Typically the life of a split capital trust is five to ten years.

Read more about Split Capital Investment Trust:  Structure, See Also

Famous quotes containing the words split, capital, investment and/or trust:

    Pleasure is the rock which most young people split upon; they launch out with crowded sails in quest of it, but without a compass to direct their course, or reason sufficient to steer the vessel; for want of which, pain and shame, instead of pleasure, are the returns of their voyage.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    It is a capital blunder; as you discover, when another man recites his charities.
    Ralph Waldo Emerson (1803–1882)

    The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.
    —For the State of Massachusetts, U.S. public relief program (1935-1943)

    Let every eye negotiate for itself,
    And trust no agent.
    William Shakespeare (1564–1616)