One of the mysteries of the English language finally explained.
A person with an investment in a unit trust.
- ‘Closed end retail funds no longer accept new investors or new investments from existing unitholders.’
- ‘Still, he left with a 7-figure golden parachute, and only the unitholders were unhappy.’
- ‘Also, the number of unitholders has quadrupled, again indicating investors' strong appetite for low cost, tax smart and precise investment vehicles.’
- ‘The tax will be collected by the company/fund and paid to Revenue in the case of resident policyholders / unitholders.’
- ‘Some funds distribute returns directly to unitholders, while others reinvest the distributions back into the fund, buying more units for fundholders.’
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