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Tip of the Day

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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Open End Fund

Definition: A mutual fund that is open for investors to buy or sell shares in the mutual fund at the current NAV directly from the fund company.

TeenAnalyst Advice: If there's an open end fund, there's gotta be a closed end fund, right?  Exactly.  A closed end fund allows investors to buy or sell shares on the open market.  These are traded like stocks.

 

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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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