DEFINITION of 'Commingled Fund'. A fund consisting of assets from several accounts that are blended together. Investors in commingled fund investments benefit from economies of scale, which allow for lower trading costs per dollar of investment, diversification and professional money management.
1 An asphalt driveway costs about $2 -$5 a square foot, or $1,200 -$3,000 for 12'x50' to $31,000 -$75,000 for a 12' lane a quarter mile long.
DOLLARS AND SENSE. Cost of demolition, removal and replacement of an existing asphalt driveway runs between $2.50-$5 per square foot, McFarlane said. He added that if a large area is involved it may bring the unit price down.