The downside is most bond funds don't have a maturity date, so you can't rely on a known amount of money being available on a specific future date. (moneysense.ca)
This guarantee could be accomplished in several ways, including by dividending or otherwise distributing all excess cash to shareholders now, or by offering to buy back any and all shares from holders that wish to sell at a specific price at a specific future date (i.e., $ 1.25 per share in December, 2009). (greenbackd.com)
This guaranty could be accomplished in several ways, including by dividending or distributing all excess cash to stockholders at the present time, or by offering to buy back any and all Shares from stockholders that wish to sell at a specific price at a specific future date (e.g. $ 1.25 per Share in December 2009). (greenbackd.com)