Closed-end fund and Investment trust

Closed-end fund noun - A regulated investment company that issues a fixed number of shares which are listed on a stock market.

Investment trust and closed-end fund are semantically related. In some cases you can use "Investment trust" instead a noun phrase "Closed-end fund".

Investment trust noun - A financial institution that sells shares to individuals and invests in securities issued by other companies.

Closed-end fund and investment trust are semantically related. Sometimes you can replace phrase "Closed-end fund" with "Investment trust", this phrases are similar.