What is another word for fixed investment trust?
Pronunciation: [fˈɪkst ɪnvˈɛstmənt tɹˈʌst] (IPA) 
Fixed investment trust is an investment vehicle that pools funds from multiple investors and invests them in a portfolio of fixed-income securities. Sometimes referred to as unit trusts or mutual funds, fixed investment trusts provide investors with a way to benefit from the income generated by bonds, mortgages, and other fixed-income securities. Other synonyms for fixed investment trusts include bond funds, income funds, and debt funds. These terms all refer to investment vehicles that provide investors with exposure to fixed-income assets and a regular stream of income. While they may differ in their investment objectives and strategies, all fixed investment trusts share the common characteristic of investing in fixed-income assets.
