Mutual funds:
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Bibliographic Details
Format: Electronic eBook
Language:English
Published: [Mosman] IMinds c2009
Series:Money (iMinds (Firm))
Subjects:
Online Access:Volltext
Item Description:Title from PDF title page (viewed Mar. 29, 2011)
"A mutual fund is an investment vehicle that allows a group of investors to pool their money, allowing a professional to collectively trade securities on their behalf in exchange for a small fee. The pooled funds are used to purchase a diverse range of assets and provide a return to the investor. Typically the assets purchased are shares of companies and so reflect share market movements, but some funds focus on other markets such as property. Although the term 'mutual fund' has specific meaning in United States law, it is globally synonymous with the names managed fund, unit trust or collective investm ..."--Pub. website
Physical Description:1 Online-Ressource (2 p.)
ISBN:9781921798641
1921798645

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