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A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed by a fund manager. Unit trusts offer access to a wide range of investments, and depending on the trust, it may invest in securities such as shares, bonds, gilts, [1] and also properties, mortgage and cash equivalents
SPDR S&P 500 Trust ETF. The SPDR S&P 500 ETF trust is an exchange-traded fund which trades on the NYSE Arca under the symbol SPY (NYSE Arca: SPY). SPDR is an acronym for the Standard & Poor's Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index. This fund is the largest and oldest ETF in the USA.
Fiji is an island country consisting of more than 300 islands located in Oceania. Although the economy of Fiji serves as one of the main economic centers of the South Pacific islands, [1] the economy is mostly made up of agriculture and tourism. [2] In fact, tourism in Fiji contributes to more than 40 percent of the nation's GDP. [3]
An open-ended investment company (abbreviated to OEIC, pron. /ɔɪk/) or investment company with variable capital (abbreviated to ICVC) is a type of open-ended collective investment formed as a corporation under the Open-Ended Investment Company Regulations 2001 in the United Kingdom. The terms "OEIC" and "ICVC" are used interchangeably with ...
Apisai Tora. Mohammad Apisai Vuniyayawa Tora (5 January 1934 – 6 August 2020) was a Fijian politician, soldier, and trade unionist. As a labour leader, he was a fighter for dock workers. As a soldier, he served in Malaya and later served as President of the Ex-Servicemen's League . Tora held a variety of political positions, the last being as ...
Fund of funds. A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A fund of funds may be "fettered", meaning that it invests only in funds managed by the ...
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