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-   -   UIT's (https://www.early-retirement.org/forums/f28/uits-32133.html)

Eyerishgold 12-28-2007 09:32 AM

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?

FinanceDude 12-28-2007 09:58 AM

Must not post...............

yakers 12-28-2007 11:21 AM

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.

FinanceDude 12-28-2007 12:12 PM

Quote:

Originally Posted by Eyerishgold (Post 593906)
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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