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LSDefine

Simple English definitions for legal terms

dual fund

Read a random definition: rule of law

A quick definition of dual fund:

A dual fund is a type of investment company that invests in two classes of stock - one that pays dividends and one that increases in investment value without dividends. This type of fund combines characteristics of an income fund and a growth fund. It is also known as a dual-purpose fund, leverage fund, or split fund.

A more thorough explanation:

A dual fund is a type of mutual fund that invests in two classes of stock - one that pays dividends and another that increases in investment value without dividends. It combines the characteristics of an income fund and a growth fund.

For example, a dual fund may invest in both dividend-paying stocks and growth stocks. The dividend-paying stocks provide a steady income, while the growth stocks offer the potential for capital appreciation. This type of fund is also known as a leverage fund or split fund.

Investors who want both income and growth from their investments may choose a dual fund. However, it's important to note that this type of fund may be riskier than other types of mutual funds because it invests in both income and growth stocks.

dual employment | dual inheritance

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soyalmondoatmilk
11:34
i wanna give back to my community
@WorthlessAttractiveZombie: yeah, I probably shouldn’t get my hopes up lol
starfishies
11:35
it was just nice to see some life in my status checker
WorthlessAttractiveZombie
11:35
texas, you probably dont need to worry, you will be fine lol
Yeah, it’s just odd. All the people with similar stats who applied in sept already got in
triplethread
11:36
@snow: its so frustrating LOL i will be back in a few days just so im not checking every day with no movement. i think if i come back in after a little break and get some URs I will be happier
triplethread
11:37
i will see you guys next week
soap
11:39
I'm looking at profiles of people working at unicorn PI firms, and boy, do I feel behind in life XD
HopefullyInLawSchool
11:44
Salutations on this brisk morning from Santa Barbara
babycat
11:48
I met a public defender the other day who told me she was the only one of her classmates who didn't end up changing careers and it's bc she loves her job
snow
11:50
criminal defense is where its at
starfishies
11:50
i fully expect to change my career again but i think its just cause i dont like any jobs lol
starfishies
11:51
teaching is not it guys
babycat
11:55
I used to sub teach and it was pretty fun but I was always in elementary school
babycat
11:56
high school seems crazy
if teachers made any money i'd be teacher i like working with kids but also w the way the education system is now it's so disincentivizing (also you're broke)
high schoolers genuinely can't write like. physically pen on paper it's so bad
i was a TA and it was genuinely insane any sense of like manners or how to act in an academic setting has gone down the drain
HopefullyInLawSchool
12:02
Im a leader for a youth group and seeing how parents act I could only imagine being a teacher
BulbasaurNoLikeCardio
12:03
I loved my last job, current job is okay but super boring and no meaning. Law should be pretty chill
JumpySubsequentDolphin
12:03
i used to work w kids and one time one of them asked me if I could tell them what the n word is
HopefullyInLawSchool
12:04
The kids around me will say brainrot
HopefullyInLawSchool
12:05
Skibi
HopefullyInLawSchool
12:05
Hawk Tuah
starfishies
12:06
i taught middle school and high school... do anything else!
starfishies
12:07
and my kids actually liked me! cant imagine if they dont
babycat
12:07
the kids in elementary school were saying gyatt can you imagine
babycat
12:07
our poor children
HopefullyInLawSchool
12:07
The kids I help with are 11-18, its always interesting to see how they change (or dont)
HopefullyInLawSchool
12:10
But really I hold parents responsible, parents really determine 90% of what their child is like. Especially the younger children
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