Delegatus non potest delegare and Mutual fund: Difference between pages

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A latin phrase meaning that a person who has been delegated to cannot sub-delegate.
A pool of capital provided by small as well as institutional investors and invested in a portfolio of securities. 
 
There are two types of mutual funds: open-ended and close-ended mutual funds.  While close-ended mutual funds have a predetermined amount of capital to be invested, open-ended mutual funds do not.


== See also ==
== See also ==
* [[Agency]]
* [[Capital]]
* [[Domestic fund]]
* [[Global fund]]


[[Category:Compliance_and_audit]]

Revision as of 14:20, 23 October 2012

A pool of capital provided by small as well as institutional investors and invested in a portfolio of securities.

There are two types of mutual funds: open-ended and close-ended mutual funds. While close-ended mutual funds have a predetermined amount of capital to be invested, open-ended mutual funds do not.

See also