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BUILDING FREETRADE

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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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