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Mutual Funds Time value of money Floating Exchange Rates Investment Scheme
Professionally managed collective investment vehicle that pools money from many investors to purchase securities. The time value of money is the value of money with a given amount of interest earned or inflation accrued over a given amount of time. Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. A collective investment scheme is a way of investing money alongside other investors in order to benefit from the advantages.