#isic6430 - Trusts, funds and similar financial entities
Includes legal entities organized to pool securities or other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return and price volatility. These entities earn interest, dividends and other property income, but have little or no employment and no revenue from the sale of services.
This class includes:
- open-end investment funds
- closed-end investment funds
- trusts, estates or agency accounts (#cpc7170), administered on behalf of the beneficiaries under the terms of a trust agreement, will or agency agreement
- unit investment trust funds
This class excludes:
- funds and trusts that earn revenue from the sale of goods or services, see ISIC class according to their principal activity
- activities of holding companies, see #isic6420 - Activities of holding companies
- pension funding, see #isic6530 - Pension funding
- management of funds, see #isic6630 - Fund management activities
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For the correspondence with CPC: #isic6430 - Trusts, funds and similar financial entities (Ens Dictionary).
To look up the ISIC class for a product or service, use Tag cloud for economic activities.
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