A fund that is sold in "units" specified by a fund manager, rather than shares of fund-managed assets. This may be done to provide quicker fund transactions, or to enable flexibility in the management of underlying funds without affecting investor value.
Related information about unitized fund:
- Unitized Fund Definition | Investopedia
A fund structure that allows investors to pool assets while retaining individual net asset values for each participant and keeping track of historical fund records.
- What is unitized fund? definition and meaning
Definition of unitized fund: A fund that is sold in units specified by a fund manager , rather than shares of fund-managed assets. This may be done to provide ...
- Understanding The Moving Parts of a "Unitized" Employer Stock Fund
HOW DOES A "UNITIZED" FUND OPERATE? Unit Value Accounting is a way to account for the total value of employer stock and cash on a daily basis.
- Unitized Fund: Definition from Answers.com
Unitized Fund A fund structure that allows investors to pool assets while retaining individual net asset values for each participant and keeping track.
- About - unitzxchange.com
A new unitized fund is usually set to begin operations with the initial unit value ... In subsequent days, the daily valuation of the unitized fund's underlying assets ...
- Fund of Funds - unitzxchange.com
Facilitates trading of underlying mutual funds in unitized fund of funds ... Ability to change percentages of funds in unitized fund ...
- Fund Options - unitzxchange.com
A company may elect to create a new unitized fund based on its existing ... The unitized fund combines the company stock with a certain amount of cash to ...
- Investing Glossary - General Board of Pension and Health Benefits
Unitized Fund: A fund that fluctuates directly with the value of the securities held in ... Account balances of investors in a unitized fund immediately will reflect the ...