US-specific Collective Investments
(Click here for US SEC description of investment company types).
- Mutual Funds - Open-ended with a corporate or trust structure.
- Closed-end funds - Closed-ended with corporate structure.
- Unit Investment Trusts - Open-ended with a trust structure and limited duration.
- Exchange-traded funds (ETFs) - Structured as mutual funds or unit investment trusts, but publicly traded.
Read more about this topic: Collective Investment Scheme
Famous quotes containing the words collective and/or investments:
“We attempt to remember our collective American childhood, the way it was, but what we often remember is a combination of real past, pieces reshaped by bitterness and love, and, of course, the video past—the portrayals of family life on such television programs as “Leave it to Beaver” and “Father Knows Best” and all the rest.”
—Richard Louv (20th century)
“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)