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Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

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Pooled Fund

Pooled Fund This term simply means that a group of investors have pooled their resources together in order to create a larger investment. In many cases, these investors will have similar assets and wish to give themselves more leverage by pooling together. One of the most common types of a pooled fund is a unit trust, where all of these earnings are held in trust in order to keep things fair for all investors. This can be any type of fund, however, and investors are always coming up with more creative ways to join their assets together and maximize their returns.

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Definition of the Day Y Shares

Y Shares These are also called institutional shares and, therefore, are highly attractive to institutional investors. The great thing about these shares is that they are pretty safe, since institutions are relatively stable, and they also do not require 12b-1 fees to be paid. The downside...

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