- Types:
- show 8 types...
- hide 8 types...
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hedge fund, 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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mutual fund, mutual fund company, open-end fund, open-end investment company
a regulated investment company with a pool of assets that regularly sells and redeems its shares
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closed-end fund, closed-end investment company
a regulated investment company that issues a fixed number of shares which are listed on a stock market
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face-amount certificate company
a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
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REIT, Real Estate Investment Trust
an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market
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unit investment trust, unit trust
a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
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fixed investment trust, nondiscretionary trust
an investment trust that can buy only those securities listed when the trust was organized
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index fund
a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
