5 ILCS 420/1-104.5

Current through Public Act 103-1052
Section 5 ILCS 420/1-104.5

"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.

5 ILCS 420/1-104.5

Added by P.A. 102-0664,§ 5, eff. 1/1/2022.