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Fixed Investment Trust

Fixed investment trust- It is when a Securities and Exchange Commission registered an investment company or corporation that may purchases one or more fixed or unmanaged portfolios. These investments can be soled to investors for producing an income security by selling or trading shares in the trust. The one major difference that this type of investment dose compared to a mutual fund it that a mutual fund it managed regularly and a fixed investment trust is not managed at all. This is also one of the trusts that are generally tax free and are considered to be a low risk, and low return investment.

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Definition of the Day Discount Rate

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