1.   An option that would let Harris increase her focus on individual stocks but maintain diversity is to purchase a unit investment trust, Levine said.

2.   A sort of hybrid between a mutual fund and a stock, a unit investment trust holds a fixed portfolio of bonds or stocks for a defined time.

3.   A. For someone in your situation, unit investment trusts can be very satisfying.

4.   A unit investment trust is a little like a mutual fund, but there are a few very important differences.

5.   But following your current practice of outright ownership of bonds and unit investment trusts, you can focus on the yield and not worry about interest rates.

6.   But some partners mistakenly assumed that exemption carried over to unit investment trusts, a form of investment similar to mutual funds.

7.   Fidelity, in addition to boosting bond underwriting, is adding more variable annuities and unit investment trusts to its product mix.

8.   Fidelity said it currently offers funds designed for institutional investors that are structured similarly to unit investment trusts that are marketed to individual investors.

9.   If you decide on a mutual fund or unit investment trust, look carefully at the expense ratios and other fees you will have to pay.

10.   Last week his company received final government approval to market its unit investment trust to Russian investors.