Investors who wish to liquidate their holdings in a unit investment trust may ___________________.

Question

Quizplus · Accepted Answer

Investors in a unit investment trust can sell their shares back to the trustee at net asset value, which represents the underlying value of the trust's assets. This provides investors with a fair and transparent way to liquidate their holdings in the trust. Selling on the open market may result in a price that is higher or lower than the net asset value, and selling back to the trustee at a discount or premium would not be fair to investors.

Investors Who Wish to Liquidate Their Holdings in a Unit