Unit Investment Trusts

Commonly referred to as a UIT, this is a type of investment company. A UIT typically issues redeemable securities which means that the UIT will buy back an investor’s units at the investor’s request and at their approximately net asset value. A UIT typically will make a one-time public offering of only a specific, fixed number of units. A UIT will have a termination date (a date when the UIT will terminate and dissolve) that is established when the UIT is created. UIT does not actively trade its investment portfolio. Strategies are long-term; therefore, investors should consider their ability to pursue investing in successive trusts and the tax consequences.

Investment Inquiries

Hours of Operation

Monday - Friday; 8:30 am to 4:30 pm and by appointment.

At Forsberg Investments and Insurance, we pride ourselves on making your questions and investments our priority, whether you call, email, or stop by the office - we are here for you.

Securities and advisory services are offered through LPL Financial, a Registered Investment Advisor, Member FINRA\SIPC.  This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Not all products and services referenced on this site are available in every state, jurisdiction, or from every person listed. The FINRA registered branch office for Michael Forsberg is 99 10th Ave S Waite Park, MN 56387.