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 What is a mutual fund unit?

Answer A mutual fund is a professionally-managed asset portfolio funded by contributions from multiple investors. A mutual fund unit is a share of a fund's overall value awarded in exchange for contributi... Read More »
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Top Q&A For: What is a mutual fund unit

The Main Similarities & Differences Between a Hedge Fund & a Mutual Fund?

Hedge funds and mutual funds are both investment vehicles and attract investors looking for professional investment management. While hedge funds are set up through private offerings, mutual funds ... Read More »
http://www.ehow.com/info_8503224_main-hedge-fund-mutual-fund.html

What is the difference between a hedge fund&a mutual fund?

Hedge and mutual funds are investment instruments that benefit from diversification and professional management. The strategies and regulations that characterize each investment diverge significant... Read More »
http://www.answerbag.com/q_view/1978725

A condominium a sinking fund to accumulate 250000 in 3 years The fund earns 9 interest pa compounded monthly If there are 200 units in the condominium how much each owner unit will payeach month?

Each unit owner will be required to pay $26.69 monthly for 3 years or 36 payments.. That amount of money will accumulate to $213,802 in those t3 years at a 9% compounded rate, or $36,198 in accumul... Read More »
http://wiki.answers.com/Q/A_condominium_a_sinking_fund_to_accumulate_250000_in_3_years_...

What is a mutual fund&what is an example of a mutual fund?

A mutual fund is a combined investment in stocks, bonds or other assets. The total of a mutual fund's holdings is known as its portfolio. An investor buys shares of a mutual fund and owns a percent... Read More »
http://www.answerbag.com/q_view/2066918


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