Definition of unitholder in English:
A person with an investment in a unit trust.
- Closed end retail funds no longer accept new investors or new investments from existing unitholders.
- Some funds distribute returns directly to unitholders, while others reinvest the distributions back into the fund, buying more units for fundholders.
- Also, the number of unitholders has quadrupled, again indicating investors' strong appetite for low cost, tax smart and precise investment vehicles.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia