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