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Automatic investment program |
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Automatic investment program A program in which an investor can invest or withdraw funds automatically. A mutual fund, for example, automatically withdraws a pre determined specified amount from the investor's bank account on a regular basis. |
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| She should also set up an automatic investment program, contributing $150 a month on Morgan's behalf and $50 a month for Jamal. AIM) announced today the inclusion of 14 individual fund portfolios as investment options and a corporate automatic investment program among changes being made to The AIM College Savings Plan(SM), effective Oct. We also focused on funds with relatively low initial investment requirements and those that offer first-time investors an automatic investment program with a minimal outlay to start. |
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