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3 Cards in this Set
- Front
- Back
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Investment Funds |
Sells share] or units in a trust funds to the public and invests these funds in a portfolio of securities like money marketinstruments, stocks and bonds. |
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Unit Fund |
Unmanaged, fixed-income security portfolio put together by a sponsor and handled by an independent trustee minimum operating cost. |
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Closed-end Investment Funds |
Investment fund with a fixed capitalization / no additional share5 after the initial public offering |
