What Is an Offshore Mutual Fund?

An offshore mutual fund is a mutual fund that is based in a country other than the investor’s home country. For example, an American investor might invest in an offshore mutual fund that is based in the Cayman Islands. Offshore mutual funds are often used by investors as a way to diversify their portfolios and … Read more

What is the composed interest?

Compound interest is one of the interest rates existing in financial terms. The word interest refers to the profit that a capital produces. This capital can be borrowed or deposited and in either of the two cases generate interest. Capital deposited. A deposited capital is in a checking account or deposit of a financial institution … Read more