Phrases with «accumulation fund»

An accumulation fund is a type of investment fund where individuals or organizations contribute money with the aim of growing the funds over time. This fund allows people to accumulate their savings and investments by pooling them together for potential growth and higher returns in the long run. Full definition

Sentences with «accumulation fund»

  • A: No, this calculator only works for accumulation funds. (moneysmart.gov.au)
  • Over the course of your working life, these contributions from your employer add up, or «accumulate», which is why they are known as accumulation funds. (moneysmart.gov.au)
  • Cash value builds tax - deferred each year that you keep the policy, and you can borrow against the cash accumulation fund without being taxed. (money.cnn.com)
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