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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.
Unit Fund
Unmanaged, fixed-income security portfolio put together by a sponsor and handled by an independent trustee
minimum operating cost.
Closed-end Investment Funds
Investment fund with a fixed capitalization / no additional share5 after the initial public offering
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