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Funds and investments focusing on sustainability and growth. Unlike investments in obligations, they consequently usually have no fixed term; repayment of the amount originally invested cannot be guaranteed at any time. As compensation, fund investors have the right to redeem their shares from the fund management at any time at their net asset value.

Term-Nr.: 868

German: Unbegrenzte Laufzeit (802)

Source: SFO D15 2010 m. e. E., 24.04.2010

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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