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10 Cards in this Set
- Front
- Back
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Withdrawal Plans |
1. Fixed dollar plan ( dollar know, time end is unknown) 2. Fixed-percentage or Fixed Share Plan ( Variable $, variable time end) 3. Fixed Time Plan ( $unknown, known end time) |
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Standard & Poor's Mutual Fund Summary |
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12b1 fees cover costs for |
Advertising costs, mailing expenses, and prospectus printing costs. Portfolio transactions are defrayed from the management fee |
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Open-End Investment Company may not |
Engage in short sales |
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A no load fund sells its shares to the public |
By a direct sales from the fund to the investor. Because there is no sales charge there is no underwriter. The fund sells directly to the public. |
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The usual Source of Capital gains |
Net long term gains resulting from the sale of securities held in the fund's investment portfolio. |
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If a customer fails to pay for mutual funds shares within the required time the broker/dealer must |
Sell the securities and charge the customer for any loss. |
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Where is the 12 b1 fee deducted? |
Assets of the fund |
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Letter of Intent |
Full contribution is required for letter to be complete. Appreciation is not considered |
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A mutual fund cost base is |
The total of all investments including reinvested distributions |
