   
|
|
Diversified Investment Company
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
A diversified investment company is an investment fund that adheres to a diversification strategy by investing in a wide array of securities and companies. A diversified investment company is different from other investment companies in the way of its regulated investment structure. According to the Investment Company Act legislated in 1940, a diversified investment company may not invest more than five percent of its sum capital in any single securities issuer. Additionally, the Investment Company Act prohibits any given diversified investment company from holding more than ten percent of outstanding voting shares of any company. In all other respects a diversified investment company is similar to other investment firms. Much like its counterparts, a diversified investment company invests on behalf of small and individual investors. Similarly still, a diversified investment company may also be an open or close end organization.
Rate this diversified investment company definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: inflation, FICO score, EBITDA, labor relations, option premium, 1035 exchange, 144a, deferred revenue, limit order, balance sheet, ex-dividend date, dividends payable, command economy, current ratio, phantom income, required rate of return, average price per share, real GDP, FTSE, stock split, deferred tax, diluted share, margin rate, class C shares, debt service coverage, minority interest, open position, annual return, ex-dividend, 401a, risk management, reverse mortgage, covered put, in escrow, LIBOR, implied volatility, wholly-owned subsidiary, irrevocable trust, quality assurance, stock market close, liquidity ratio, cancelled check, 1031 exchange, APR, Key Rate Duration, Zero Cost Collar, per diem, retained earnings, VIX
|
|
| |