Examlex
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Templeton Growth Fund
A mutual fund that aims for long-term capital growth by investing primarily in the equity of companies around the world.
Invested
Money that is allocated for a particular purpose, such as buying stocks or bonds, in the hope of generating a financial return.
Strip Bond
A type of bond where the principal and regular coupon payments have been separated and are sold individually.
Compounded Semiannually
Interest calculated twice a year on the initial principal and previously earned interest.
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