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International mutual fund

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International mutual fund
A mutual fund that invests strictly in securities markets throughout the world, excluding the United States. A global fund, on the other hand, invests in both foreign and domestic securities.


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Select a growth index fund and an international mutual fund to invest in.
The typical international mutual fund has investments in 15 to 35 different countries, but pays only an insignificant amount of foreign taxes per share.
AIG merged its international mutual fund business with SunAmerica's business.
 
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