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    • Active Fund
      An active fund is the opposite of a passive fund, such as a tracker fund. The fund manager will use their chosen stock selection techniques to actively trade the underlying investments with a view to outperforming the market and/or benchmark against which the fund is judged.
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The Finance Section Glossary

Currently viewing the definition of: Zero Dividend Preference Share
 
 
 A zero dividend preference share will not pay interest throughout its life but will award a maturity payment. 
 

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