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Tip of the Day Seek Professional Help

Seek Professional Help - For most of us our days are busy enough and trying to plan an investment strategy is beyond our means of understand or our time requirements....

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Closed Funds

Closed Funds - Closed funds are in fact, mutual funds currently not issuing shares to new customers. The shut down on shares issued may be a temporary measure, or may be permanent. When the mutual fund has grown too large, a closed fund takes place. The mutual fund is a closed fund when the status does not impact the outstanding shares that are currently in circulation. These shares presented for redemption by the shareholder in accordance with the terms and conditions that apply. New investors or shareholders are not able to acquire any shares associated with a closed fund until it opened again.

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Definition of the Day Distribution Plan

Distribution Plan - a distribution plan is a plan executed by mutual fund companies. The purpose of the plan is too collect and assesses fees to shareholders of the funds, to offset expenses. The expenses could be for advertising costs or sales incentives (rewards for good behavior). The distribution plan...

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