52 Finance and Insurance
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)
| Average Jobs Employed | | 7 |
| Average Loan Given | | $86,133 |
| Number of Loans Given | | 1755 |
| Total Amount Loaned | | $151,163,362 |
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.
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.