2007 NAICS Definitions

525990 Other Financial Vehicles

This industry comprises legal entities (i.e., funds (except insurance and employee benefit funds; open-end investment funds; trusts, estates, and agency accounts)). Included in this industry are mortgage Real Estate Investment Trusts (REITs).

Illustrative Examples:

Closed-end investment funds Special purpose vehicles Collateralized Mortgage Obligations (CMOs) Unit investment trust funds Face-amount certificate funds Mortgage real estate investment trusts (REITs) Real Estate Mortgage Investment Conduits (REMICs)

Cross-References. Establishments primarily engaged in--

Legal entities (i.e., funds, plans, and programs) that provide insurance and employee benefits exclusively for the sponsor, firm, or its employees or members are classified in Industry Group 5251, Insurance and Employee Benefit Funds;
Legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments, where the pools are offered to the public in an initial offering with additional shares offered continuously and perpetually at a specific price determined by the net asset value, are classified in Industry 525910, Open-End Investment Funds;
Legal entities (i.e., trusts, estates, or agency accounts) administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement are classified in Industry 525920, Trusts, Estates, and Agency Accounts; and
Equity Real Estate Investment Trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others are classified in Industry Group 5311, Lessors of Real Estate based on primary type of real estate property leased.

Go to:

No change 1997 to 2002

2002 Economic Census and other data sources

2007 NAICS	2002 NAICS	1997 NAICS	Corresponding Index Entries
525990			Closed-end investment funds
525990	525990	525990	CMOs (collateralized mortgage obligations)
525990	525990	525990	Collateralized mortgage obligations (CMOs)
525990	525990	525990	Face-amount certificate funds
525990	525990	525990	Funds, mutual, closed-end
525990	525990	525990	Investment funds, closed-end
525990	525990	525990	Money market mutual funds, closed-end
525990	525930	525930	Mortgage real estate investment trusts (REITs)
525990	525990	525990	Mutual funds, closed-end
525990	525990	525990	Profit-sharing funds
525990	525990	525990	Real estate mortgage investment conduits (REMICs)
525990	525990	525990	REMICs (real estate mortgage investment conduits)
525990	525990	525990	Special purpose financial vehicles
525990	525990	525990	Unit investment trust funds