Income Fund Unit Trust

Oeics and unit trusts commonly referred to as investment funds pool investors resources together into what is called open ended investments funds that grow bigger or smaller as more people.

Income fund unit trust. Most unit trusts and oeics will give you two options to choose from for payment income or accumulation. Each unit in the tt income fund costs just tt 20 00. It s a short to medium term investment offering the potential to earn income while allowing access to your funds all without penalties. This shows the gross distribution yield.

By 2002 trusts accounted for 79 of all money raised through ipos in canada with only 38 in the traditional sectors of petroleum and real estate. Interest earned for the period of retention is credited to your account at the end of. All or part of the funds in your account can be withdrawn at any time during the year. You can begin investing by opening an account with a minimum purchase of five units for tt 100 00.

It can be structured as either a personal investment fund or a commercial trust with publicly traded closed end fund. Acc accumulation any income earned by the unit trust is re invested. In canada a unit trust is an unincorporated fund that is set up specifically to allow income to flow through to. The fund invests in a diversified range of quality short term us denominated fixed income securities.

Income units pay the distributions as income while accumulation units wrap up those distributions and reinvest them in the fund to increase the capital value of your investment. Earn additional income with quick easy access to your cash it s easy to get started. The first high profile conversion was former bell canada enterprises unit yellow pages group becoming the yellow pages income fund and raising c 1 billion in the process. The class of unit you have will be shown on your contract note your statement and in my account.

United income focus trust is an open end fund incorporated in singapore. An income trust is an investment trust that holds income producing assets. If you don t need the income accumulation funds can offer high growth in the long term because of the compounding of gains. In asia for example a unit trust is essentially the same as a mutual fund.

Our us income fund is your first step towards investing in the international market. Dis distribution any income earned by the unit trust is paid to you on a monthly quarterly or half yearly basis. There are no withdrawal penalties. One such is the 560m murray income trust lon mut which has been recommended by the analysts at investec securities and which is currently paying four percent annual income the manager aims to identify good quality companies with strong competitive positions and robust balance sheets that are under the stewardship of experienced management teams while remaining disciplined about valuations.