Cryptocurrency Q&A
What is pool money?
What is pool money?
Enrico
Fri Nov 01 2024
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7 answers
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I've heard the term 'pool money' in some discussions, but I'm not quite sure what it means. Can someone explain to me what pool money is, and possibly provide some examples or contexts where it's commonly used?
7 answers
Sara
Sun Nov 03 2024
These funds then invest the aggregated money as a single, large portfolio.
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Michele
Sun Nov 03 2024
One of the notable types of pooled funds is mutual funds.
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henry_taylor_architect
Sun Nov 03 2024
Another example is unit investment trusts, commonly referred to as UITs.
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Caterina
Sun Nov 03 2024
Pooled funds represent a financial mechanism where capital is gathered from various individuals.
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Tommaso
Sun Nov 03 2024
Both mutual funds and UITs are typically managed by professionals.
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