Industry: 6726—Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices
Establishments primarily engaged in issuing unit investment trusts or face-amount certificates; and establishments primarily engaged in issuing shares, other than unit investment trusts and face-amount certificate companies, whose shares contain no provision requiring redemption by the company upon request of the security holder. Unit investment trust companies (1) are organized under a trust indenture, contract of custodianship or agency, or similar instrument; (2) do not have a board of directors; and (3) issue only securities redeemable at the request of the security holder, each of which represents an undivided interest in a unit of specified securities, but does not include voting trusts. Face-amount certificates, sometimes referred to as guaranteed face-amount certificates, are essentially obligations of the issuing company to pay a fixed sum at a specified maturity date and usually require periodic payments by the purchaser.
Face-amount certificate issuing | Issuing of face-amount installment certificates |
Government National Mortgage Association (GNMA) pools | Management investment funds, closed-end |
Investment funds, closed-end: management of | Unit investment trusts |
Investors' syndicates | |
Codes |
Titles | Total Marketable US Businesses |
67260000 | Investment offices, nec | 4,113 |
67269901 | Face amount certificate issuing | 35 |
67269902 | Face amount installment certificate issuing | 3 |
67269903 | Government National Mortgage Association (GNMA) pools | 10 |
67269904 | Investors syndicates | 68 |
67269905 | Management investment funds, closed-end | 1,197 |
67269906 | Unit investment trusts | 98 |