Sinking fund and Maintenance & replacement fund

[Jaskarn]

Hi,

I am unable to clearly understand two concepts.

1. Sinking fund provision
2. Maintenance and replacement fund

Can you make me understand these in very layman language? Please give a simple example of each apart from GARP core reading example.

Thanks!!

 

[Nicole Seaman]

Hi,

I am unable to clearly understand two concepts.

1. Sinking fund provision
2. Maintenance and replacement fund

Can you make me understand these in very layman language? Please give a simple example of each apart from GARP core reading example.

Thanks!!

Hello @Jaskarn

You may find this thread helpful: https://forum.bionicturtle.com/thre...urity-and-retirement-fabozzi.4722/#post-12456. You can also use the search function to see if there are other threads that discuss these concepts while you are waiting for a response. Many times, the search results will bring up threads that already answer your questions so you don't need to wait for David or other members to answer

Nicole