Friday, September 29, 2006

UITs regain popularity ... this time with stocks, not munis

UITs regain popularity ... this time with stocks, not munis

UITs Get New Life As Equity VehiclesUnit investment trusts, once a popular method of holding municipal bonds, are gaining popularity as an investment style for equity holdings. UITs, which have a fixed expiration date, now are often used to try and beat a particular index.

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