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 Glossary   >   P   >   "Pooled Income Fund" Definition   

        Pooled Income Fund

Gifts to a mutual fund that are pooled and invested together. Income from the fund is distributed to the fund’s beneficiaries according to their share of the fund. You, or other income recipients you choose, receive quarterly payments for life.

Pooled Income Fund


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Pooled Income Fund - Gifts to a mutual fund that are pooled and invested together. Income from the fund is distributed to the fund’s beneficiaries according to their share of the fund. You, or other income recipients you choose, receive quarterly payments for life.


Pooled Income Fund : gifts to a mutual fund that are pooled and invested together. income from the fund is distributed to the fund’s beneficiaries according to their share of the fund. you, or other income recipients you choose, receive quarterly payments for life.