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Overview1 Origin and History of Mutual Funds The evolution of Mutual funds can be traced to the times of the Egyptians and Phoenicians when they sold shares in caravans and vessels to spread the risk of these ventures. Historians are uncertain of the origins of investment funds; some cite the closed-end investment companies launched in the Netherlands in 1822 by King William I as the first mutual funds, while others point to a Dutch merchant named Adriaan van Ketwich whose investment trust was created in 1774 may have given the king the idea. In July 1774, he offered on the market a diversified pooled security specifically designed for citizens of modest means. The security was known as a negotiation, an instrument very similar to the present-day closed-end fund. Full Product DetailsAuthor: Sharma ShuchiPublisher: Infotech Publishers Imprint: Infotech Publishers Dimensions: Width: 15.20cm , Height: 1.40cm , Length: 22.90cm Weight: 0.363kg ISBN: 9787453149852ISBN 10: 7453149851 Pages: 244 Publication Date: 07 November 2022 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: Temporarily unavailable  The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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