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What are investment companies?
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3rd Dec 2009 by Gary
An investment company is a business which exists to take the aggregate capital of a group of investors and invest it in financial securities. Primarily, this is done through mutual funds, whether they're a open-end fund or closed-end fund. Investment companies also include services for personal finances, including accounting, managing your investments, and tax management, among other financially related services.
An investment company is a business which exists to take the aggregate capital of a group of investors and invest it in financial securities. Primarily, this is done through mutual funds, whether they're a open-end fund or closed-end fund. Investment companies also include services for personal finances, including accounting, managing your investments, and tax management, among other financially related services.
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19th Oct 2009 In Investing
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Subjects: investment,
investment companies,