Home > Term: dual-purpose capital funds
dual-purpose capital funds
Seeks both long-term (LT) capital appreciation and preservation, current income and LT growth of income, investing in dividend-paying stocks and interest-bearing securities. Capital shares incur no management-fees, receive no income, and bear gains/losses of capital.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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