Is a CIF a mutual fund?

CIFs are also offered only by banks and trust companies for retirement plans and not available to the general public, unlike mutual funds, which investors can purchase directly or through a financial intermediary, such as a broker.

Does CIF include shipping?

This includes the cost of shipping but excludes the purchase of marine insurance. CIF is similar to CFR, except it also requires the seller to take out an agreed amount of marine insurance to protect against the loss, damage, or destruction of the order. Cost and freight is a legal agreement between a buyer and a seller in international trade.

Where can I buy CIF stock online?

Shares of CIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.

What is CIF & FOB?

Cost, insurance, and freight (CIF) and free on board (FOB) are international shipping agreements used in the transportation of goods between buyers and sellers. They are among the most common of the 11 international commerce terms (Incoterms), which were established by the International Chamber of Commerce (ICC) in 1936.