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Zero Coupon Bond Mutual Funds Purchased At Discount Rate

Business & Finance >> Zero Coupon Bond Mutual Funds Purchased At Discount Rate

Zero Coupon Bond Mutual Funds are the funds that are purchased at a discount price that is below the face value of one thousand dollar. Like other mutual funds, in this type of fund also, the investors allow the money to participate in a portfolio of securities. In this way, each investor gains his own share of the mutual fund instead of security for each. In all kinds of mutual funds, the investors only contribute to a joint fund that runs the security of other investors.

Posted on January 19, 2008 | Related Articles | Linked From
(169 Reads) tag Business & Finance Tags: bond, coupon, discount, face, fixed, fund, funds, interest, investor, investors, maturity, mutual, purchased, rate, security, Zero Coupon Mutual Fund, Zero Coupon Bond Mutual Fund, Zero Coupon Bond Mutual Funds

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