Unit Trust: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Unit Trust

Additional Resources

Unit Trust Company of the Year
For the third consecutive year, Jupiter has pushed aside all competition to win the unit trust management award It is the third year in succession that Jupiter Unit Trust Managers has walked away with the overall award for the most consistent, outstanding investment performance of a unit trust management...
Tags: Fidelity Investments, performance, team
Research articles 2001-03-01
Mesabi Trust Announces First Quarter Royalty
NEW YORK -- The Trustees of the Mesabi Trust (NYSE: MSB) declared a distribution of $0.33 per Unit of Beneficial Interest of Mesabi Trust payable on May 20, 2005 to Mesabi Trust unitholders of record at the close of business on April 30, 2005. This compares to $0.05 per Unit...
Research articles 2005-04-08
Best Unit Trust Provider: and the winner of the Best Unit Trust Provider Readership Award is … Fidelity Investment services
We now turn to the first of our Readership Awards 2004, the Best Unit Trust Provider. This award looks to recognise those providers that stand out from the crowd in the competitive world of unit trust management. And the winner of the 2004 award is Fidelity Investments, which took...
Tags: Fidelity Investments, FINANCE, Investment
Research articles 2004-07-01
Major changes
MAJOR changes have been set in motion in the local unit trust industry. With the dust of the banking mergers a couple of years ago settling down, the financial industry has somewhat found its footing. The unit trust players experienced their own fair share...
Tags: federation, industry, Prudential Insurance Company of America, Strategy
Research articles 2004-06-16
Unit Trust Management Group of the Year: a new name wins our premier unit trust award, as Rensburg, a small, regionally based investment house beats the big battalions
What INVESTMENT 2006 AWARDS Unit Trust Management Group of the Year WINNER Rensburg Fund Management The race for the title of What Investment Unit Trust Management Group of the Year was particularly close this year, with the top two groups separated by the narrowest of margins in...
Tags: equity, FINANCE, Investment, Merrill Lynch & Co. Inc., U.K.
Research articles 2006-07-01
Mesabi Trust Declares Royalty
NEW YORKMSB -- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of $ 0.37 per Unit of Beneficial Interest payable on August 20, 2005 to Mesabi Trust unitholders of record at the close of business on July 30, 2005. This compares to $0.175 per Unit for the same...
Research articles 2005-07-18
Best Unit Trust Provider: our readers' choice for Best UT Provider is Invesco Perpetual
Readership Awards Best Unit Trust Provider WINNER Invesco Perpetual We now turn to the first of our Readership Awards for 2005, the Best Unit Trust Provider. This award looks to recognise the providers who stand out from the crowd in the competitive world of unit mist...
Tags: FINANCE, Invesco, Investment
Research articles 2005-07-01
Mesabi Trust Declares Distribution
NEW YORK -- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of $0.40 per Unit of Beneficial Interest payable on August 20, 2006 to Mesabi Trust unitholders of record at the close of business on July 30, 2006. This compares to a distribution of $0.37 per Unit for...
Research articles 2006-07-14
Mesabi Trust Declares Distribution
NEW YORK -- The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of $0.47 per Unit of Beneficial Interest payable on February 20, 2006 to Mesabi Trust unitholders of record at the close of business on January 30, 2006. This compares to a distribution of $0.295 per Unit for the...
Research articles 2006-01-13
Mesabi Trust Declares Distribution
NEW YORK -- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of $0.36 per Unit of Beneficial Interest payable on November 20, 2005 to Mesabi Trust unitholders of record at the close of business on October 30, 2005. This compares to a distribution of $0.25 per Unit for...
Research articles 2005-10-19
Mesabi Trust Declares Distribution
NEW YORK -- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of $0.585 per Unit of Beneficial Interest payable on November 20, 2006 to Mesabi Trust unitholders of record at the close of business on October 30, 2006. This compares to a distribution of $0.36 per Unit for...
Research articles 2006-10-13
APF Energy Trust Announces Third Quarter Results
CALGARY, Alberta--BUSINESS WIRE--Dec. 2, 1997--APF Energy Trust (TSE:AY) announces the results of operations for the three months ended September 30, 1997. The Trust continued to generate above-average returns for investors during the third quarter. With the latest cash distribution of $0.425 per unit paid to unit...
Tags: Alberta, Business Wire, FINANCE, Investment, IPO
Research articles 1997-12-02
Mesabi Trust Press Release
NEW YORK -- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of $0.30 per Unit of Beneficial Interest payable on May 20, 2006 to Mesabi Trust unitholders of record at the close of business on April 30, 2006. This compares to a distribution of $0.33 per Unit for...
Research articles 2006-04-18
Specialist Unit Trust Group of the Year: Fidelity Investments walks off with the winner's medal in the Specialist Unit Trust Group of the Year
The Specialist Unit Trust Group Award focuses on fund management companies with unit trusts invested in overseas markets and specific areas of the stock market. Congratulations this year go to Fidelity Investments. Since Fidelity's foundation in the US in 1946 on the simple premise "work harder and smarter...
Tags: Fidelity Investments, FINANCE, Investment
Research articles 2003-07-01
Supersized professional practice unit trusts.
May 22, 2007 (Taxation in Australia - ABIX via COMTEX) -- Caution is advised when establishing a professional practice unit trust structure. Such a structure may be treated by the Australian Taxation Office as a managed investment scheme MIS and/or a public trading trust. If this...
Tags: Australian Taxation Office, FINANCE, income, Taxes
Research articles 2007-05-22
San Juan Basin Royalty Trust Announces Amendments to Its Indenture
FORT WORTH, Texas -- San Juan Basin Royalty Trust (NYSE:SJT) (the "Trust") announced that, at the special meeting of Unit Holders held on December 12, 2007, the Unit Holders approved four separate proposals amending the Indenture, the governing document of the Trust. The proposals approved and adopted by the Unit...
Research articles 2007-12-13
Van Kampen Introduces First European Technology Unit Trust
CHICAGO--BUSINESS WIRE--Sept. 15, 1998--Van Kampen Funds Inc. announced today the introduction of a new investment vehicle that utilizes one of the world's most popular international index of technology stocks - the Morgan Stanley EuroTec Index. It is the first unit investment trust UIT focused exclusively on European technology stocks. ...
Tags: FINANCE, Investment, Morgan Stanley, Taxes
Research articles 1998-09-15
Mesabi Trust Declares Distribution
NEW YORK -- The Trustees of Mesabi Trust (NYSE: MSB) declared a distribution of forty-eight cents ($0.48) per Unit of Beneficial Interest payable on November 20, 2007 to Mesabi Trust unitholders of record at the close of business on October 30, 2007. This compares to a distribution of fifty-eight and...
Research articles 2007-10-15
San Juan Basin Royalty Trust Announces a Special Meeting of Unit Holders
FORT WORTH, Texas -- San Juan Basin Royalty Trust (NYSE:SJT) (the "Trust") will hold a Special Meeting of unit holders of the Trust (the "Special Meeting") on December 12, 2007, at 4:00 p.m., local time, at Compass Bank located at 2601 South Hulen, Fort Worth, Texas 76109. The record date...
Research articles 2007-10-18
Liontrust beefs up unit trust sales team.
Byline: Alistair Graham UK-listed fund management firm Liontrust has made two hires to boost its unit trust sales team, and has also hired a head of risk management.Mickey Morrisey joins from Merrill Lynch Investment Managers, where he established third-party distribution services. Morrisey will ...
Tags: Insurance, SALES
Research articles 2002-07-09
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