What is First In First Out (FIFO)?

The FIFO concept is used to calculate capital gains and exit loads. This theory dictates that you sell the oldest units first.

As a result, it’s first-in-first-out. The units that were purchased earlier are the first to be redeemed.

FIFO refers to any situation in which the first to enter a framework is often the first to leave it.

It isn’t necessarily limited to the financial world.

What is First In First Out (FIFO)?
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