Glossary
- iBoxx indices
- ifo Business Climate Index
- In the money
- Independent broker
- Index
- Index certificate
- Index fund
- Indicative price
- Individual custody
- Industry group
- Industry risk
- Initial charge
- Initial dividend
- Initial Public Offering (IPO)
- Insider
- Interim dividend
- Intra-Day-Trading
- Intrinsic value
- Investment certificate
- Investment fund
- Investment guidelines
- Investment horizon
- Investment product
- Investment trust
- Investor relations
- IPO
- IPO-Window
- ISIN
- ISM Index
- ISMA Return
- Issue
- Issuer
- Issuing price
Investment trust
Fund with a limited number of outstanding shares
Investment trusts are closed-end funds, and thus issue a limited number of shares. Once this number has been reached, the fund is closed. The investment company is not obligated to buy back shares, although investors can sell their shares on the stock exchange if the investment company refuses to redeem them. Closed-end funds are especially popular in the US and the UK.
Synonym: Closed-end fund
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.
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