My friend, who has a financial advisor gave me a copy of his portfolio. In his portfolio he has some nifty stuff called “unit investment trusts.” What are these? Do they tend to be costly to buy, sell and own?
Two examples:
First Trust Capital Strength Port. Series 30 term 07/27/2017
Symbol FRPSLXC
First Trust Dividend Strength Series 31 term 03/12/2018
Symbol FIERAXC
Two examples:
First Trust Capital Strength Port. Series 30 term 07/27/2017
Symbol FRPSLXC
First Trust Dividend Strength Series 31 term 03/12/2018
Symbol FIERAXC
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