noun
unit-type investment trust
A type of investment trust where the number of units is fixed and the trust is not open-ended; common in Japanese financial contexts.
ユニット型投資信託は、追加設定が行われないため、市場で取引されることが多い。
Unit-type investment trusts are often traded on the market because additional units are not issued.
Compound of ユニット (unit) + 型 (type) + 投資信託 (investment trust). The term is a direct calque from English 'unit-type investment trust'.