SSIC Sub-class 64300 – Trusts, funds and similar financial entities (except those with rental income)

Companies in this sub-class are entities set up to pool securities or other financial assets for their shareholders or beneficiaries, without managing them. Each portfolio is designed for a goal such as spread of risk, return or price stability.

Examples include open-end and closed-end investment funds, unit trusts, money market funds, trusts and estates run under a will or trust deed, business trusts that earn mainly dividends, and personal investment holding companies for individuals and families. Funds with mainly rental income, and fund managers, are classified elsewhere.