What are UNIT INVESTMENT FUNDS (UITs) and why use them?

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  • Опубліковано 22 тра 2024
  • We, here at Pence Wealth Management, understand that many of our clients are either unsure or have questions of what Unit Investment Trusts (UITs) are. To address this issue, we would like to share a video titled “introduction to UITs” with all our clients. We hope you find this video to be informative and further clarify any existing inquiries.
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    **Disclosure**
    The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Historical performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
    The economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. All investing involves risk including loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.
    Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments. Unit Investment Trusts (UITS) strategies are long term, therefore investors should consider their ability to pursue investing in successive trusts and the tax consequences.
    Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
    Pence Wealth Management and LPL Financial are separate entities.
    [1] Individual securities and ETFs may be purchased and sold throughout each business day while mutual fund shares and UIT units may be purchased and redeemed based on prices determined as of the close of business each day.

    [2] Certain stocks and ETFs may offer dividend reinvestment plans.

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