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LeoGlossary: Fund

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How to get a Hive Account


A pool of money from a group of investors in order to buy securities.

The two major ways funds may be offered:

  • Mutual Funds - offered by companies in the securities business and regulated by the proper agencies

  • Collective Funds - offered by the trust departments of banks

These are investments that are chosen over investing directly in the securities.

General:

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