Archived - Standard Industrial Classification - Establishments (SIC-E) 1980
- K - Finance and Insurance Industries
- 72 - Investment Intermediary Industries
- 721 - Portfolio Investment Intermediaries
7212 - Retirement Savings Funds
Establishments primarily engaged in investing in a portfolio of securities and other investments for the retirement savings plan trusts that invest in them. Such establishments accept monies for registered retirement savings plans and issue units or shares in return. Such units are issued at the per unit net asset value of the fund at the time of purchase and the fund will redeem them virtually on demand at the net asset value at the time of redemption.
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