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- Widely diversified is a central element of the definition of an Excepted Investment Fund and of a Qualified Trust. A fund (or a qualified trust) is widely diversified if it holds no more than 5% of the value of its portfolio in the securities of any one issuer (other than the United States Government) and no more than 20% in any particular economic or geographic sector.
US Army Financial Disclosure Management - Cite This Source - This Definition
- Annuity unit, Excepted Investment Fund (EIF), Real Estate Investment Trust (REIT), Standard \& Poor\'s Depositary Receipt (SPDR), Underlying Assets, Underlying investment, Unit investment trust (UIT), Unit trust