Rick Gonsalves: What are Unit Investment Trusts

Rick Gonsalves, as the President of AmericaFirst Capital Management, has employed many different investment tools to create portfolios for a vast array of individual and institutional clients. He has over twenty-five years of experience in Finance and building investment portfolios for his various employers and clients. Rick Gonsalves and his company provide investors with many of the options they need to grow their portfolios, save for retirement, and more.

One investment tool Rick Gonsalves has created and managed is the Unit Investment Trust (UIT). A unit investment trust — or UIT for short — is a pooled investment vehicle in which a fixed portfolio of stocks, bonds or other securities is selected by a professional investment manager and held in the trust for a predetermined period of time.   A glance at the AmericaFirst website (www.afcm-quant.com) will show a strong history of performance for the Unit Investment Trusts created and managed by Rick Gonsalves.

Rick Gonsalves now spends the majority of his time creating and managing mutual funds but hopes to return to Unit Investment Trusts in the near future.

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