Examlex
What are the four fiduciary fund types?
Investments
Financial assets purchased with the expectation that they will generate income and/or appreciate in the future.
Compounded Annually
Calculating interest on the initial principal, which includes any accumulated interest from previous periods, once per year.
Contributions
Money that is given or paid into a fund or a plan, often used in contexts of pensions, insurance, and investments.
Investments
The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.
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