Widely Diversified

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Personal Finance

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 — Financial Disclosure Management Learning Center