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Glossary
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Terms Beginning With I
Index
A standard to measure investment performance, it consists of an unmanaged group of securities. An example is the Dow Jones Industrial Average which is composed of the thirty largest U.S. stocks.
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Initial sales charge
A sales charge levied when you buy your unit trust.
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Investment Horizon
The time frame an investor defines to accomplish his financial goals.
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Investment Objectives
The defined investment strategy of a unit trust, usually found in the fund prospectus.
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