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Section 7. Investment Companies |
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Articles / TULARC / Investing / What Every Investor Should Know / | |
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Section 7. Investment Companies |
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This article is from the What Every Investor Should Know.
The typical investment company, whether organized in the form of a trust, partnership, organized group, or corporation, is engaged primarily in the business of investing in securities. Of the various kinds of investment companies, four of the most important are open-end investment companies, closed-end investment companies, unit investment trusts, and issuers of variable annuities.
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