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In investment terminology, units and shares both represent ownership in a fund or company. However, units are typically used in the context of mutual funds and exchange-traded funds (ETFs), while shares are used for individual companies. Units are often issued by investment trusts and represent a proportional ownership in the fund's assets, while shares represent ownership in a specific company's equity.

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7mo ago

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What are the differences between Vanguard Admiral Shares and Investor Shares, and which option would be more suitable for my investment goals?

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