   
|
|
Family Of Funds
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
A family of funds refers to a group of mutual funds that are offered, managed and/or distributed by the same investment company, even though each fund in the family of funds may have a different objective. For example, one fund in a family of funds may be a growth fund, while another fund in that family of funds may be a money market fund. Investors can typically move assets between the funds of a family of funds at little or no cost. This allows investors to more easily respond to changes in the market or their needs. However, there could be tax consequences for transferring money from one fund to another in a family of funds. A benefit of a family of funds is that investors can receive a single statement that describes all their holdings in the fund family. Some companies that maintain a family of funds are AIM Investments, Fidelity, Janus, Oakmark, PIMCO, Putnam, and Vanguard.
Rate this family of funds definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |