2017 NAICS Definition

T = Canadian, Mexican, and United States industries are comparable.

525990 Other Financial Vehicles

This industry comprises legal entities (i.e., funds (except insurance and employee benefit funds; open-end investment funds; trusts, estates, and agency accounts)). Included in this industry are mortgage real estate investment trusts (REITs).

Illustrative Examples:

Closed-end investment funds
Special purpose financial vehicles
Collateralized mortgage obligations (CMOs)
Unit investment trust funds
Face-amount certificate funds
Mortgage real estate investment trusts (REITs)
Real estate mortgage investment conduits (REMICs)


Cross-References.
  • 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
  • Equity real estate investment trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others are classified in Industry Group 5311, Lessors of Real Estate, based on primary type of real estate property leased.
2007
NAICS		   2012
NAICS		   2017
NAICS		   Corresponding Index
Entries
525990   525990   525990   Closed-end investment funds
525990   525990   525990   CMOs (collateralized mortgage obligations)
525990   525990   525990   Collateralized mortgage obligations (CMOs)
525990   525990   525990   Face-amount certificate funds
525990   525990   525990   Funds, mutual, closed-end
525990   525990   525990   Investment funds, closed-end
525990   525990   525990   Money market mutual funds, closed-end
525990   525990   525990   Mortgage real estate investment trusts (REITs)
525990   525990   525990   Mortgage-backed securities
525990   525990   525990   Mutual funds, closed-end
525990   525990   525990   Profit-sharing funds
525990   525990   525990   Real estate mortgage investment conduits (REMICs)
525990   525990   525990   REMICs (real estate mortgage investment conduits)
525990   525990   525990   Special purpose financial vehicles
525990   525990   525990   Unit investment trust funds