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Susu collectors are a traditional form of financial intermediaries in Africa, predominantly in Ghana. For a small fee they provide an informal means for Ghanaians to securely save and access their own money, and gain some limited access to credit, a form of microfinance. Money looked after for an individual by a Susu collector is held in a Susu ...
Otumfuo Nana Osei Tutu II. Osei Tutu II (born Nana Barima Kwaku Duah; 6 May 1950) is the 16th Asantehene, enstooled on 26 April 1999. [4] By name, Otumfuo Osei Tutu II is in direct succession to the 17th-century founder of the Ashanti Empire, Otumfuo Osei Tutu I. [4] He is also the Chancellor of the Kwame Nkrumah University of Science and ...
There are six major types of mutual funds: stock funds, bond funds, money market funds, index funds, sector funds and balanced funds. Read on to learn about each type. 1. Equity Funds. Equity ...
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds or other assets. Mutual funds have, indeed, become a common ...
An index mutual fund will mirror the performance of an index, like the S&P 500 or the Russell 2000. So you will not beat the market by buying these mutual funds, but you will match it — or at ...
A real estate investment trust ( REIT, pronounced "reet" [1]) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate.
The mutual fund industry measures performance against benchmark indexes, giving rise to a third problem. Managers often play not to lose instead of beating benchmarks by employing conservative ...
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