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Glossary > U > "Unit Trust - UT" Definition

Unit Trust - UT

An unincorporated mutual fund structure that allows funds to hold assets and pass through profits to the individual owners, rather than reinvest profits back into the fund.

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Unit Trust - UT - An unincorporated mutual fund structure that allows funds to hold assets and pass through profits to the individual owners, rather than reinvest profits back into the fund.

Unit Trust - UT : an unincorporated mutual fund structure that allows funds to hold assets and pass through profits to the individual owners, rather than reinvest profits back into the fund.