Unit Trust is a collective investment scheme that pools the savings of a large number of investors. The money collected is invested by the fund manager in different types of stocks‚ bonds‚ or other securities in various proportions depending upon the objective of the fund. The income earned through these investments and the capital appreciation realized by the scheme‚ after deducting the trading costs and expenses of managing and administering the fund are paid out to the unit holders in proportion
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Brief History Land Bank of the Philippines (LBP) is a financial institution wholly owned by the Philippine National Government. It was created under the Agrarian Reform Law enacted by Congress in 1963. Later‚ LBP became the first universal bank by charter with expanded commercial banking powers to sustain its social mission of spurring countryside development. The bank is directly under the administrative supervision of the Department of Finance (DOF). As a bank‚ it is under the regulatory
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Born on July 4‚ 1872 in Plymouth Notch‚ Vermont‚ John Calvin Coolidge Jr. was the offspring of a successful farmer and small business man. Serving in the Vermont Senate and House of Representatives‚ his father‚ John Coolidge‚ later swore him in after the death of President Harding. At the age of twelve‚ he lost his mother. And‚ around several years later‚ his sister met the same fate. With little ambition other than to follow in his father’s footsteps‚ he managed to attend Amherst College in Massachusetts
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Taking On the Trust Steve Weinberg’s “Taking on the Trust” is a book that chronicles the lives of both Ida Tarbell and John D. Rockefeller. Ida Tarbell was born in Pennsylvania to Franklin and Esther Tarbell. While her family was not necessarily poor they were not rich either. At times they had to struggle to make it through while at other times they had money in the bank. One of the interesting things about her family is how strongly religion played a role in their family. Even when they didn’t
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TRUST OR DISTRUST ON ONLINE BANKING SUBMITTED BY: ABDUL SAMAD MUNAF MUSHAL JAMIL Letter of Authorization 14th April‚ 2010 To Whom It May Concern: Under the authorization of Mr. Ather Akhlaq‚ Professor for the course Internet Banking & EPS at the Institute of Business Management‚ we have been required to obtain all the possible information and material to prepare a detailed and accurate research based term report. This report is regarding compilation of data carried out with respect
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The Law of Trusts Consultation Times: Tuesday (9.30-10.30) WEEK 1: INTRODUCTION TO TRUSTS What is a Trust? Where one person is legally obligated to hold an asset for the benefit of another person Incomplete description; trusts can arise where one person is legally obligated to hold an asset for a specified purpose and not for an individual person…e.g. trusts for charitable purposes (don’t raise obligations to benefit any one person as such‚ but raise benefits for a specific purpose)
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no corruption. Normalcy is something both Warren Gamaliel Harding along with Calvin Coolidge wish to restore in the U.S. Sadly Harding does nothing suitable to return normalcy but only to continue adding to the corruption already occurring. Coolidge on the other hand takes control after the death of Harding in 1923 and accomplished much more than Harding might have ever did. During the presidential time of Coolidge the Kellogg-Briand act was put to be followed. Lets discover what made these two men
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Anti-trust case of AUO (Taiwan’s LCD company) Abstract Before China‚ Taiwan used to be a world-factory. Taiwan’s technical companies always focus on improving their progress on product. The past 20 years‚ Taiwan’s technological competitiveness is becoming increasingly improving. Taiwan’s Information and Communication (ICT) industry plays a significant role in the international market. Goods from Taiwan export to the United States and Europe region are increasing a lot. However‚ Taiwan’s companies
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so called “changes” - some being for the better and some being for the worse. Whether it be due to the economy‚ illness‚ or even just pure luck; my family made it through these everlasting changes with loving support and happiness. Receiving the Coolidge Scholarship would make a difference in my life by relieving
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Definition of Trust Stephen P. Czerniak University of Phoenix‚ Troy Learning Center HRM 565 Human Resources Management Instructor: Charles A. Zajac Group ID: TRGRAD26 Assignment Due: Workshop 2 September 12‚ 2006 Revised September 21‚ 2006 Definition of Trust Much has been written about the subject of trust. For the purposes of this paper‚ we will consider trust in the context of forming the foundation of the relationship between a supervisor or leader and their employee. Since
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