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GCPA Glossary
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Family
A mutual fund company which offers investors a choice of two or more mutual funds, each with different objectives or investment strategies.

Futures
A contract in which a stock or commodity is purchased with the intention of reselling it. The stock is not received at time of purchase in hopes that the price will increase before it is, so that it can be resold immediately at a profit. This is a practice commonly used by fund managers of aggressive growth mutual funds.

 
 
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