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Definitions of investment company
Definition that contains investment company
  • closed-end investment company a regulated investment company that issues a fixed number of shares which are listed on a stock market
  • mutual fund a regulated investment company with a pool of assets that regularly sells and redeems its shares
  • unit investment trust a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
  • face-amount certificate company a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
  • mutual fund company a regulated investment company with a pool of assets that regularly sells and redeems its shares
  • unit trust a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
  • hedge fund a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging
  • open-end fund a regulated investment company with a pool of assets that regularly sells and redeems its shares
  • closed-end fund a regulated investment company that issues a fixed number of shares which are listed on a stock market
  • hedgefund a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging
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