Transfer Agent
A party appointed by an issuer to maintain
records of securities owners, to cancel and issue certificates and to
address issues arising from lost, destroyed or stolen certificates.
Remarks:
Bond funds including mutual funds (open-end and closed-end, actively managed
and indexed), exchange-traded funds and unit investment trusts offer a
convenient and affordable way to invest in a diversified portfolio of bonds,
but a bond fund investment can differ from a bond investment in ways that
are important to understand. |
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