NAICS Code 525 — Funds, Trusts, and Other Financial Vehicles

Subsector in the official 2022 North American Industry Classification System (U.S. Census Bureau). It contains 2 direct sub-codes.

Code525
TitleFunds, Trusts, and Other Financial Vehicles
LevelSubsector (3-digit)
EditionNAICS 2022 edition

Official definition (2022 NAICS)

Industries in the Funds, Trusts, and Other Financial Vehicles subsector group legal entities (i.e., funds, plans, and/or programs) organized to pool securities or other assets on behalf of shareholders or beneficiaries of employee benefit or other trust funds. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return, and price volatility. These entities earn interest, dividends, and other investment income, but have little or no employment and no revenue from the sale of services. Establishments with employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities.

Establishments primarily engaged in holding the securities of (or other equity interests in) other firms are classified in Sector 55, Management of Companies and Enterprises. Equity real estate investment trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others are classified in Subsector 531, Real Estate.

Where 525 sits in the hierarchy

LevelCodeTitle
Sector52Finance and Insurance
Subsector525Funds, Trusts, and Other Financial Vehicles

Codes under 525

CodeTitle
5251Insurance and Employee Benefit Funds
5259Other Investment Pools and Funds

Related Subsector codes

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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.