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TWENTY FOUR INCOME FUND: Aiming to generate strong returns through asset-backed securitiesUpdated15 Jun 5:05am

TWENTY FOUR INCOME FUND: Aiming to generate strong returns through asset-backed securities

Daily Mail
Rather than investing directly in firms, it buys packages of loans called asset-backed securities from lenders like banks. It then rakes in the interest the borrowers pay on these loans.
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