UNIT TRUST: COUSIN TO MUTUAL FUNDS
Virginia Butterworth
(Account executive with Brown, Lisle/Cummings, Inc., Providence, RI.)
403
Abstract
Students of this column who have mastered the basics of stocks, bonds, municipals, mutual funds and annuities can now turn to another Wall Street hybrid, The Unit Investment Trust. This product, which has generally been limited to municipal bonds, is an interesting alternative to a bond mutual fund.
Citation
Butterworth, V. (1990), "UNIT TRUST: COUSIN TO MUTUAL FUNDS", The Bottom Line, Vol. 3 No. 1, pp. 43-45. https://doi.org/10.1108/eb025219
Publisher
:MCB UP Ltd
Copyright © 1990, MCB UP Limited