evergreen fund?
a fund that stays “open forever” or doesnt close. Like an evergreen doesn’t loose it leaves in teh winter it stays green all year long…
bigwilly Wrote: ------------------------------------------------------- > a fund that stays “open forever” or doesnt close. > Like an evergreen doesn’t loose it leaves in teh > winter it stays green all year long… Not when I cut it down and put it in my living room!
Mr.Good.Guy Wrote: ------------------------------------------------------- > bigwilly Wrote: > -------------------------------------------------- > ----- > > a fund that stays “open forever” or doesnt > close. > > Like an evergreen doesn’t loose it leaves in > teh > > winter it stays green all year long… > > > Not when I cut it down and put it in my living > room! Or the evergreen fund is loaded with CDO, CMO, MBS and it have blown up.
Evergreen Fund A fund in which returns are generated on investments are automatically returned to the general pool, with the aim of keeping a continuous supply of capital on hand for investments i found this on-line
interesting…