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Term of the Day
dividend exchange traded fund
dividend equivalent right
dividend exclusion
Definition
A
fund
that
trades
just like a
stock
on an open
exchange
. The
trading
price
of the fund is based on the
current value
of the
index
or
commodity
being tracked. In addition, a
dividend
ETF
also make
regular
payments
to
investors
and the
dividend frequency
may be
monthly
,
quarterly
or
annually
.
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Popular 'Mutual Funds' Terms
hedge fund
mutual fund
security
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