Not exact matches
Tax - conscious mutual fund investors should determine a mutual fund's unrealized accumulated capital gains, which are expressed as a
percentage of its
net assets, before
investing in a fund with a significant unrealized capital gain component.
The required minimum amount will be specified as a
percentage of the fund's
net assets to be
invested in highly liquid, cash - type investments that can be converted to cash within three business days or less.
The required minimum will be specified as a
percentage of the fund's
net assets to be
invested in «highly liquid investments» — meaning cash held by a fund and any investment that the fund reasonably believes is convertible into cash in current market conditions within three business days without significantly changing the market value
of the investment.
When the estimated market return / risk profile is strongly favorable, the Fund has the ability to leverage the amount
of stock it controls to as much as 150 %
of the value
of the Fund's
net assets, typically by
investing a limited
percentage of assets in long call options.