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closed-end trust (investment trust or closed-end trust. Financial organization that pools the funds of its shareholders and invests them in a diversified portfolio of securities. It differs from a mutual fund, which issues units representing diversified holdings rather than shares in the company itself. (wiki) Alexander Demidov) | |||
investment trust (a limited company whose business is the investment of shareholders' funds, the shares being traded like those of any other public company. (NOED) Alexander Demidov) | |||
investment trust; closed-end investment trust; closed-end investment company; closed-end investment fund |
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