The term investment company has two distinct meanings. The
first applies to various types of investment funds and trusts, while the
second refers to Small Business Investment Companies, or SBICs.
Investment companies, in the form of mutual funds, closed-end funds,
and unit investment trusts, are popular investment vehicles that offer
a variety of features and benefits.
Mutual funds, also known as open-end investment companies, can be
structured as stock funds, bond funds, or money market funds.
Most mutual funds offer new shares to the public on a continuous basis;
they are required to redeem outstanding shares at any time upon request,
at a price based on the current value of the fund's net assets.
Closed-end funds are investment companies that issue a fixed number
of shares. These shares are traded on a stock exchange.
Unit investment trusts are investment companies that buy and hold
a portfolio of stocks, bonds, or other securities. Real estate
investment trusts (REITs) are special purpose investment companies
that own, finance, and/or operate, income-producing real estate.
Recent Investment News
Tokyo-Vegas investment chief gets 50 years in Ponzi scheme
The former head of a Tokyo and Las Vegas investment firm has been sentenced to 50 years in a U.S. prison for bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme
ABC News. Thursday, 23 May 2019 15:20:27 -0400.
GUEST COMMENT: Treasury provides some clarity on opportunity zones
Though the initial proposed regulations and this second round are not yet final, Treasury has provided a good foundation of guidance that will encourage opportunity zone investment.
Chris Coffman. American City Business Journals. Thursday, 23 May 2019 19:16:04 +0000.
Small Business Investment Companies (SBICs) are financial institutions
that make equity capital and long-term credit available to small,
independent businesses. Since the SBIC program was created in 1958,
this public/private partnership has provided financing solutions to more
than 100,000 small businesses in the USA. SBICs are private sector
firms licensed by the United States Small Business Administration.
They typically work with small companies whose financing requirements
range between $250,000 and $5 million. SBICs may qualify for
government-backed long-term loans in return for pledging to finance only
Investment Companies and Organizations
These government and private organization websites feature helpful
resources for small business and mutual fund investors.
National association of the U.S. investment company
industry. Founded in 1940, its membership includes mutual funds,
closed-end funds, exchange-traded funds, and unit investment trust
The Small Business Investor Alliance is an organization
of lower middle market private equity funds and investors. Its members
provide venture capital to small and medium size businesses in the USA. www.SBIA.org