#investment_company__investment_trust__investment_firm__fund a financial institution that sells shares to individuals and invests in securities issued by other companies
supertype: nondepository_financial_institution__nondepositoryfinancialinstitution a financial institution that funds their investment activities from the sale of securities or insurance
subtype: hedge_fund__hedgefund a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such a short-selling and heavy leveraging
subtype: mutual_fund__open-end_fund__open-end_investment_company a regulated investment company that regularly sells and redeems its shares
subtype: index_fund__indexfund a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
subtype: closed-end_fund__closed-end_investment_company a regulated investment company that issues a fixed number of shares which are listed on a stock market
subtype: face-amount_certificate_company a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
subtype: Real_Estate_Investment_Trust__REIT an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate asssets; shares can be bought and sold in the stock market
subtype: unit_investment_trust__unit_trust a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities; "you can invest in a unit investment trust for as little as $1000"
subtype: nondiscretionary_trust__fixed_investment_trust an investment trust that can buy only those securities listed when the trust was organized
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