Most funds can be assigned to one of a few large groups depending on the kinds of securities they hold. (merrilledge.com)
Share prices can deviate from the fund's net asset value of the underlying securities it holds, as market forces of supply and demand can lead to a trading discount or premium. (sapling.com)
As a result, MEMS has classified the $ 5.8 million of auction rate securities it held at September 30, 2008 as long - term investments. (greenbackd.com)