Not exact matches
With more
than $ 280 billion under management, CSIM is one of the nation's largest
asset management companies, the third - largest provider of retail index funds, and a top 10 provider of exchange - traded funds (ETFs) and
money market funds.3 Aguilar joined CSIM in 2011 and is responsible for equity and
asset allocation mutual funds, ETFs, and separately managed
accounts.
A large portion of your premiums payments will be invested in the insurance company's investment fund in whatever
asset class you prefer (stocks, bonds, mutual funds,
money market funds, etc.) Over time, this has the chance to generate a much larger cash value in your insurance
account than a traditional whole life policy does.
The advantage of an investment
account is essentially the advantage of investing your
money in
markets — securities, bonds, exchange traded funds, etc. — rather
than simply putting your
assets into a savings
account.
That is why your textbook feels the need to add the qualifier «for practical purposes,» meaning that the risk of a
money market account is so much lower
than virtually any other
asset class that it can reasonably be approximated as risk free.