A unit investment trust (UIT) is a registered investment company that buys and holds a generally fixed portfolio of stocks, bonds, or other securities. Investors purchase units of the trust which represent an undivided ownership in the entire portfolio. UITs have a termination date that can range from one year to thirty or more years, depending on the type of holdings in the portfolio, and can fill a variety of investment goals and risk tolerance levels.

annuity is an insurance company contract that can be used for accumulating assets for retirement or as a method of providing an income stream at some future date. Fixed annuities guarantee your principal(based on the claim paying ability of the issuing company) and a fixed rate of return and they are generally considered conservative and stable. A variable annuity's value will fluctuate because it is dependent upon the performance of the underlying sub-accounts managed in the separate account. See similar questions...

A fund is a range of stocks and shares purchased with a 'pool' of money received from a large number of investors. The type of stocks and shares purchased are those that aim to help the fund achieve its objectives. OEIC funds are divided into shares; unit trusts are divided into units. The number of shares or units you receive is dependent on the amount you invest and the price of the shares or units at the time of your investment. See similar questions...

Mutual funds are measured on relative performance ? compared to a benchmark index. Hedge funds are expected to deliver absolute returns ? under all circumstances, even if the indices are down. Mutual funds are not able to effectively protect portfolios against declining markets other than by going into cash or by shorting a limited amount of stock index futures. See similar questions...

To do an Inter Switch, go to the "Transaction" tab, and select "Inter Fund House". You can then select the fund you want to switch out of and the fund you want to switch into. So an inter-switch is essentially a Sell and a Buy order. The sales proceeds from the Cash Fund will be used to buy into another unit trust. By doing a switch, you do not need to wait till you receive your proceeds to effect a purchase. See similar questions...

Your BB&T OnLine HSA Account Summary screen will feature a link to your HSA Investment Sweep sub-account, where you may make changes to your investment options. From this page, you may redeem shares in mutual funds and re-invest the proceeds in other mutual funds from the menu of funds available, or change the percentages of swept funds that are allocated to your mutual fund investments. See similar questions...

You wire transfer all your money to Swiss Mutual Fund, as SwissCash is a Financial Facility of Swiss Mutual Fund. See similar questions...

Your fixed returns are guaranteed every month through SIP, for example SIP15300. Many conventional investments do not guarantee their investors profit but SIP guarantees profit to the investors as time/period of payment is pre-set upon any investment. See similar questions...

In the details, remove the existing symbol, and rename the existing "mutual fund" to something you will never use. Let's suppose you choose zzzz. Change each transaction to the fund using the drop-down list. You may have a problem if you have sells intermingled with buys--it may try to sell more shares than you have at some point. See similar questions...

Purchase a specialty Organ Donor license plate. In order to purchase an Organ Donor License plate, a $25 donation is required for a one-year plate, and $50 donation for a two-year plate. Learn more about the plate at www.dhss.mo.gov/organdonor/GenericPlateLetterDHSS.pdf. See similar questions...

The securities in a UIT are professionally selected to meet a stated investment objective, such as growth, income, or capital appreciation. UITs employ a "buy-and-hold" investment strategy: once the trust's portfolio is selected, its securities typically will not be sold or new ones bought, unlike mutual funds. See similar questions...

A mutual fund is a trust that pools the money of several investors and manages investments on their behalf. Legally it is like any other company you know of. Hence, the fund is also called a mutual fund company. The fund company takes your money and like you from other new investors. This is added to the money that's already invested with the fund. Some investors see asset size as an indicator of popularity. A scheme with large assets could be subscribed to by large number of unitholders. See similar questions...