{ "items" : [
    { "id" : "http://dbpedia.org/resource/Unit_investment_trust"
      "properties" : {
        "http://www.w3.org/2000/01/rdf-schema#comment" : [ "In U.S. financial law, a unit investment trust (UIT) is an exchange-traded mutual fund offering a fixed (unmanaged) portfolio of securities having a definite life.  Unlike open-end and closed-end investment companies, a UIT has no board of directors.   A UIT is registered with the Securities and Exchange Commission under the Investment Company Act of 1940 and is classified as an investment company.UITs are assembled by a sponsor and sold through brokerage firms to investors."] } } }
