Not exact matches
Stocks can
be purchased in a variety
of ways, including through a broker, as
part of a mutual fund or exchange - traded fund (
ETF), as
part of a dividend reinvestment
plan or directly from the company issuing the stocks.
If you
are an investor who owns mutual funds or
ETFs, either in taxable accounts, IRA accounts, children's custodial accounts, variable annuities, pension funds, 401 (k)
plans or 403 (b)
plans, you probably own AAPL as
part of those funds» portfolios.
You also mention private equity — that
is in fact
part of my asset allocation
plan — approximately 10 % will
be split between a US private equity
ETF and an international private equity
ETF.
With an
ETF this
is impossible, even if you
are using a dividend reinvested
plan, because some portion
of the interest or dividends will always end up as
part of your cash balance.