What is an asset management fund?

It's probably a society that invests in more or less concrete assets and asset-backed securities, such as mortgage and credit firms (i.e. asset-managing firms), I suppose. They practically lend your money on the fund's subscribers' behalf. Check out this site:

http://www.amffunds.com/

It's the assest or money that has been put aside For a management fund. could be management trainee or something else.

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