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Thursday, March 11, 2010.
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Hot Tip # 1: An equity fund invests solely in company shares

Hot Tip # 2:
To understand the different fund sectors, split the description into separate parts. For example think of  'Diversified Growth Unit Trusts' as:

Diversified   - Spread across industries and/or sectors
Growth       - Focused on capital growth as opposed to income
Unit trusts  - essentially a generic managed fund

Other useful links include:

Gifs, Superannuation, Defensive, Balanced, Ins Bond



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