The NAICS Code 525990 is described as
Other Financial Vehicles- Closed-end investment funds (except REITs)
- CMOs (collateralized mortgage obligations)
- Collateralized mortgage obligations (CMOs)
- Face-amount certificate funds
- Funds, mutual, closed-end
- Investment funds, closed-end
- Money market mutual funds, closed-end
- Mutual funds, closed-end
- Other Financial Vehicles
- Profit-sharing funds
- Real estate mortgage investment conduits (REMICs)
- REMICs (real estate mortgage investment conduits)
- Special purpose financial vehicles
- Unit investment trust funds
Description
This industry comprises legal entities (i.e., funds (except insurance and employee benefit funds; open-end investment funds; trusts, estates, and agency accounts; and Real Estate Investment
Trusts (REITs)).
Illustrative Examples:
Closed-end investment funds (except REITs)
Collateralized Mortgage Obligations (CMOs)
Face-amount certificate funds
Real Estate Mortgage Investment Conduits (REMICs)
Special purpose vehicles
Unit investment trust funds
· Legal entities (i.e., funds, plans, and programs) that provide insurance and employee benefits exclusively for the sponsor, firm, or its employees or members are classified in Industry Group 5251, Insurance and Employee Benefit Funds;
· Legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments, where the pools are offered to the public in an initial offering with additional shares offered continuously and perpetually at a specific price determined by the net asset value, are classified in Industry 525910, Open-End Investment Funds;
· Legal entities (i.e., trusts, estates, or agency accounts) administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement are classified in Industry 525920, Trusts, Estates, and Agency Accounts; and
· Legal entities that are Real Estate Investment Trusts (REITs) are classified in Industry 525930, Real Estate Investment Trusts.
(2019-08-02) It belongs to the code group
NAICS Code 52599 Other Financial Vehicles
To this Code "525990" belongs the sub codes
(No direct sub codes available)
The equivalent ISIC Code (Rev. 3.1) is
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| Pas de Code |
The nearest NACE Code (Rev. 1.1) is
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The equivalent CPC Code (Rev. 1.1) is
Translation of the Code description
525990: | Other Financial Vehicles |
(2019-08-02)
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