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Unit Investment Trust (UIT)

A unit investment trust (UIT) enables investors to buy into a fixed portfolio of stocks, bonds, and other securities in one transaction. Generally, the trust has a set maturity date or termination ...

Understanding Investment Companies: Structure, Types, and Examples

Learn about investment companies, their types, how they operate, and typical structures through examples. Gain insights into their roles in financial markets.
TMCnet

First Trust Expands Target Outcome® Lineup with Launch of DGOC, A 10% Buffer ETF that Seeks to Provide Positive Return Potential in Up, Flat, and Modestly Down Markets

First Trust Advisors L.P. ("First Trust") a leading exchange-traded fund ("ETF") provider and asset manager, announced today that it has launched the FT Vest U.S. Buffer & Digital Return ETF - October ...
Morningstar

First Trust Changes Investment Strategies, Name and Other Related Matters for First Trust EIP Carbon Impact ETF

First Trust Advisors L.P. (“FTA”) announces the First Trust EIP Carbon Impact ETF (NYSE Arca: ECLN) (the “Fund”), a series of First Trust Exchange-Traded Fund IV (the “Trust”), changed its investment ...