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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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Corporate Income Fund

Corporate Income Fund - a corporate income fund is a specific type of a Unit Investment Trust... The UIT (Unit investment trust) has a fixed portfolio comprised only of high grade financial securities. The can be in the form of stocks, bonds, government bonds, or commercial paper. The only main character is that they are all higher grade securities. The Unit Investment Trust, which is actually a corporate income fund, is similar to a regular money market account, except it?s made up of a group of higher grade securities, and instruments, and usually pays out dividends on a monthly basis.

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Definition of the Day Commingled Fund

Commingled Fund - A Commingled fun is a mutual fund or a common trust fun consisting of various kinds of assets from several accounts united together. The commingled funds asset, mitigate the risk for the investor or shareholder through diversification and reduces the cost of organizing each account separately. The...

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