What is an enterprise fund?

Answer An enterprise fund creates a separate accounting and reporting system for local governments. Under the program, monies coming in and going out are set aside into a fund separate from other governme... Read More »

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What Is a Government Enterprise Fund?

A Government Enterprise Fund is a fund controlled by local government officials and made up of alternative sources of revenue, such as fees charged against customers of public enterprise services (... Read More »

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 »

How does an index fund differ from an actively managed fund?

Mutual funds fall into two broad categories: indexed and non-indexed funds. There are important differences in the two types' investing philosophy and management fees.DefinitionAn index fund tracks... Read More »

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 »