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.
In addition to the base and topcoat, there are other costs that go into installing an asphalt driveway. If this is a brand new driveway, not just a resurfacing, a person can expect to pay up to $2.50 per square foot for a gravel layer under the asphalt. If drains are needed, that costs more too, as does sealing. For a chip seal, for instance, a person can expect to pay about $3.50 per square foot.