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BUILDING FREETRADE

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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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