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Can a security held in a UIT be removed at any time?

April 26, 2017held removed security time UIT

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Can a security held in a UIT be removed at any time?

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While it is rare, a security held in a UIT may be removed from a portfolio under certain circumstances, such as a significant decline in credit rating. By and large, securities held in a UIT remain fixed for the life of the trust, regardless of market value.