A mutual fund or unit investment trust that invests in a wide variety of securities, and is allowed to have no more than 5% of its assets in a single company, or to have 10% of a company's voting shares.
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Definition of diversified investment company: A mutual fund or unit investment trust that invests in a wide variety of securities, and is allowed to have no more ...
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Feb 10, 2009 ... Diversified Investment Companies could be the right tools for novices starting out their investment portfolio.
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