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Submitted by ezeebizadmin on Sun, 09/17/2023 - 12:47
Activity Code
6430
Activity Description English
Trusts, Funds & Similar Financial Entities
Activity Sub-Category
Activity Type
Description
Trusts, funds and similar financial entities This class includes legal entities organized to pool securities or other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return and price volatility. These entities earn interest, dividends and other property income, but have little or no employment and no revenue from the sale of services. ——open-end investment funds ——closed-end investment funds ——trusts, estates or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will or agency agreement ——unit investment trust funds
Package Type
Package
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