Any capital growth of investments held within the bond is tax free.
Its portfolio holds investments in industrial companies worth $2.7 billion.
Depending on the investments already held in a portfolio, one type of fund may be a better choice than the other.
This is not to say that every mutual fund holds dangerous investments.
That makes the United States a safer place to hold investments.
The "kiddie tax," on income from investments held in the name of children under age 14, is a prime example.
Whether or not the portfolios of investments held by life insurers are in trouble depends on individual companies.
Here is why: Under last year's tax law, gains on investments held for 12 months or less were taxed as ordinary income.
At the end of the year, he held investments in two other Nikkei index contracts, each worth more than $1 million.
Foreigners hold investments of $200 billion to $300 billion in American manufacturing companies.