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UIT's
Old 12-28-2007, 09:32 AM   #1
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UIT's

What do you all think of UIT's.

Are they just a way for a broker to guarantee a trade for himself every 12-15 months? Do they add any value to a portfolio?
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Old 12-28-2007, 09:58 AM   #2
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Old 12-28-2007, 11:21 AM   #3
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As I understand it UIT Unit Investment Trusts are like Closed End Funds or early ETFs, they hold specific stocks and can be traded like a stock. UITs were more common in the UK when I lived there. Not a bad concept but not a good record of execution. We have some serious financial folks on this site that can probably provide more useful insight.
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Old 12-28-2007, 12:12 PM   #4
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Originally Posted by Eyerishgold View Post
What do you all think of UIT's.

Are they just a way for a broker to guarantee a trade for himself every 12-15 months? Do they add any value to a portfolio?
Your first and second sentence are mutually exclusive statements, which are you more concerned with, what we think or if they are a good idea??
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