Home >  Term: units
units

When the contract is allocated to a fund, "units" of that fund are purchased. Each unit has a price which reflects the daily net gain or loss in the underlying securities.

For Alternative Investments, some transactions are reflected in units. The final trade amount is not available until the transaction prices.

0 0

Creator

  • MJ63
  •  (Gold) 1300 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.