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Code · Illinois · Chapter 5 — GENERAL PROVISIONS · Act 420

Sec. 1-104.5. "Diversified funds" means investment products, such as mutual funds, exchange traded funds, or unit investment trusts, that invest in a wide variety of securiti.

39 words·~1 min read·/il/chapter-5/act-420/1-104-5

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Sec. 1-104.5. "Diversified funds" means investment products, such as mutual funds, exchange traded funds, or unit investment trusts, that invest in a wide variety of securities across multiple sectors or asset classes. "Diversified funds" does not include sector funds.
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