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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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Family of Funds

Family of Funds - A family of funds is a mutual fund offering by a specific company that features many mutual funds, involving various objectives. Normally, investors can move their assets between different funds within a specific family unit. Moving these funds has no cost or nominal costs and they can receive a single statement describing what their holdings are within a specific family of funds. These are also called mutual fund family or fund family. Family funds provide the investor with one-stop shopping for their investment activities, plus the opportunity to make money transfers, fund exchanges within the family easily, and most have a good selection of funds to choose from to assist with a diversified portfolio.

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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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