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单词 managed fund
释义

managed fund

managed fund A fund, made up of investments in a wide range of financial obligations, that is actively managed by a life-assurance company to provide low risk investments for the smaller investor, usually in the form of investment bonds, unit trusts, or unit-linked saving plans (seeunit-linked policy). The fund managers will have a stated investment policy favouring a specific category of investments.

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更新时间:2024/11/15 2:31:00