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Glossary > U > "Undertakings for Collective Investment in Tradable Securities" Definition

Undertakings for Collective Investment in Tradable Securities

UCITs are collective funds which can be sold across national borders within the EU in accordance with the "Undertakings for Collective Investment in Tradable Securities" Directive. For UK investors, one of their significance attributes is they can be sheltered from tax within the Stocks and Shares component of an ISA.

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Undertakings for Collective Investment in Tradable Securities \ UCITs are collective funds which can be sold across national borders within the EU in accordance with the "Undertakings for Collective Investment in Tradable Securities" Directive. For UK investors, one of their significance attributes is they can be sheltered from tax within the Stocks and Shares component of an ISA.

Undertakings for Collective Investment in Tradable Securities / ucits are collective funds which can be sold across national borders within the eu in accordance with the "undertakings for collective investment in tradable securities" directive. for uk investors, one of their significance attributes is they can be sheltered from tax within the stocks and shares component of an isa.