64.3 Trusts, funds and similar financial entities
This class includes legal entities organised to pool securities or other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customised to achieve specific investment characteristics, such as diversification, risk, rate of return and price volatility. These entities earn interest, dividends and other property income, but have little or no employment and no revenue from the sale of services. This class includes: - open-end investment funds - closed-end investment funds - trusts, estates or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will or agency agreement - unit investment trust funds This class excludes: - funds and trusts that earn revenue from the sale of goods or services, see NACE class according to their principal activity - activities of holding companies, see 64.20 - pension funding, see 65.30 - management of funds, see 66.30
Where 64.3 sits in the SKD 2008 hierarchy
- >K Financial and insurance activities
- >64 Financial service activities, except insurance and pension funding
- >>64.3 Trusts, funds and similar financial entities
- >>64.3 Trusts, funds and similar financial entities
64.3 in other classification systems
Equivalent and related codes across 1 other system. Click any code to see its full definition, hierarchy, and crosswalks.
Subcategories of 64.3 Trusts, funds and similar financial entities
Other SKD 2008 codes under 64.3 Trusts, funds and similar financial entities
Frequently asked questions
- What is SKD 2008 64.3?
- SKD 2008 64.3 is "Trusts, funds and similar financial entities". This class includes legal entities organised to pool securities or other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customised to achieve specific investment characteristics, such as diversification, risk, rate of return and price volatility. These entities earn interest, dividends and other property income, but have little or no employment and no revenue from the sale of services. This class includes: - open-end investment funds - closed-end investment funds - trusts, estates or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will or agency agreement - unit investment trust funds This class excludes: - funds and trusts that earn revenue from the sale of goods or services, see NACE class according to their principal activity - activities of holding companies, see 64.20 - pension funding, see 65.30 - management of funds, see 66.30
- What does SKD 2008 64.3 include?
- 64.3 Trusts, funds and similar financial entities contains 1 direct subcategory: 64.30 Trusts, funds and similar financial entities.
- How does SKD 2008 64.3 map to other classification systems?
- 64.3 Trusts, funds and similar financial entities has equivalents in NACE Rev 2 (64.3). These crosswalks let you translate this code between SKD 2008 and 1 other classification system.
- What is the parent category of 64.3?
- 64.3 Trusts, funds and similar financial entities sits under 64.3 Trusts, funds and similar financial entities in the SKD 2008 hierarchy.
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