Widely diversified definition

Widely diversified means a fund that does not have a stated
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Widely diversified means a fund that does not have a stated policy of concentrating its investments in any industry, business, or single country other than the United States or bonds of a single state within the United States.
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Widely diversified means the fund holds no more than 5% of the value of its portfolio in the securities of any one issuer (other than the United States government) and no more than 20% in any particular economic or geographic sector.
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Examples of Widely diversified in a sentence

  • The recommendations on cities, energy and electric vehicles were put forward as priorities for proactive media, and those on water, flooding and financing of infrastructure were identified as the likely focus for reactive handling.

  • Other companies might also implement practices advocated by activist shareholders to fend off similar activism.75 Widely diversified institutional shareholders can take advantage of this phenomenon by publicizing their activism and by introducing practices with wide application.


More Definitions of Widely diversified

Widely diversified means a securities group or fund that holds no more
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Related to Widely diversified

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Money market mutual fund means an open-end managed investment fund:

  • Benefit Plan Investor means an “employee benefit plan” as defined in Section 3(3) of ERISA that is subject to Title I of ERISA, a “plan” as defined in and subject to Section 4975 of the Code or an entity whose underlying assets include plan assets of any of the foregoing.

  • PIPE Investment has the meaning specified in the Recitals hereto.