GCPA Glossary

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Income
Stock dividends, bond interest and cash interest.

Income Yield
The portion of the company's return that comes from dividend income.

Index
A measure of securities used for the purposes of comparing the movement of securities of similar companies. An index is unmnagaed and you cannot invest directly in an index.

Index fund
A fund that specializes in the purchase of securities that match or represent a specific index. These funds charge fees which will reduce overall performance. Refer to the fund's prospectus for complete information on risks, fees and expenses.

Individual Retirement Account or Annuity (IRA)
A retirement savings plan for individuals. There are various types of IRAs, such as traditional and Roth.

Inflation
The loss of purchasing power due to a general rise in the prices of goods and services.

Interest
What a borrower pays a lender for the use of money. This is the income you receive from a bond, note, certificate of deposit, or other form of IOU.

Intermediate care
Intermediate care calls for occasional nursing care on a skilled level.

International fund
A type of mutual fund which invests primarily in foreign stocks. International investing involves special risks not found in domestic investing, including increased political, social and economic instability, differences in regulation of financial data and reporting and currency exchnage differences. Refer to the fund's prospectus for complete information on risks, fees and expenses.

Investor services
Services offered to shareholders such as telephone transaction services and automatic withdrawal plans.

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