Dual Purpose Fund

外汇网2021-06-19 13:40:04 56

A fund created by a closed-ended investment company that offers two classes of stock. Each class offers entitlements to either income or capital appciation.

The two types of stock offered by a dual purpose fund are capital and income. The fund's two kinds of potential cash flows allow inpidual investors to choose classes that are more in line with their investment objectives.

标签：