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Average maturity

• The average time to maturity of securities held by a mutual fund. Changes in interest rates have greater impact on funds with longer average life.

 
 

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 Embedded terms in definition
 Average life
Average
Held
Interest rate
Interest
Maturity
Mutual fund
Securities
Time to maturity
Time
 
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Beware of small expenses; a small leak will sink a great ship. - Benjamin Franklin (1706-1790)

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