INTERNATIONAL FUND Definition

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INTERNATIONAL FUND is a (mutual) fund that can invest only outside the home country, e.g. the United States.

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MUTUAL FUND, according to the SEC, is a company that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.

FOOT A COLUMN is to add a column of numbers.  To test footing is to add the column again to check accuracy.

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