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Protection in fund supermarkets
hebron
Posts: 197 Forumite
I have read there is protection in fund supermarkets in case they go bust. Is this for money held with the firm who you invested with or the funds they invest in. Hope this makes sense.
Thank you
Thank you
0
Comments
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The fund management companies hold your money. The supermarket may hold it for a short while but it is in an untouchable "client's account while they do.0
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