I think that one of the downsides in increased
ownership of securities by passive index funds is the idea that these managers do not do the research to know how to vote.
By investing in open - end or closed - end investment companies and ETFs, the fund is indirectly exposed to the risks associated with
direct ownership of the securities held by those investment companies or ETFs.
What that means is that they moved away some time ago from the notion of stocks having to have physical certificates that have to reside somewhere, so it's a market which inherently involves electronic or digital records
of ownership of securities.
In contrast, the index mutual fund being considered tracks its underlying index by actual
ownership of the securities in the same proportion (capped) as the index it is attempting to replicate.
Mr. Yi did not go into details, but he said that restrictions on foreign insurers and on
foreign ownership of securities would be loosened by the end of June.
Security pledged by a borrower to protect the interests of the lender; in a case of default, the lender may
take ownership of the security, if any, pledged by the borrower.
I am continually amazed by how little appreciation there is by government authorities in both the U.S. and Japan that
non-control ownership of securities which do not pay cash dividends is of little or no value to an owner unless that owner obtains opportunities to sell to a market.
When you
transfer ownership of securities to the Pennsylvania Innocence Project, you will receive a charitable deduction for the full market value as of the date we receive it in our account, and you will incur no capital gains tax subject to IRS deductible limitations.
Traditionally third parties like custodians are responsible for maintaining complex records for
the ownership of securities.
The Fund is subject to substantially the same risks as those associated with the direct
ownership of the securities or other assets represented by the exchange - traded products («ETPs») in which the Fund invests.
«Beneficial owner» is defined broadly to capture both economic and beneficial
ownership of a security.
As the Fed extended
its ownership of securities out the yield curve, it took a significant amount of duration out of the marketplace.
TAVF follows this policy because where cash return is an investment objective, the buy - and - hold portfolio manager, and the portfolio, tend to be far better served if that cash return is received from
the ownership of securities on which cash payments are a contractual requirement, i.e., credit instruments, rather than from non-guaranteed common stock dividend payments.
[1] Or it could be a Hypothecate loan pledging securities as collateral for a loan to use for a specific purpose, without giving up
ownership of the securities.
An internal transfer automatically changes
the ownership of the security from one account holder to another.
This action automatically changes
the ownership of the security to the bank or broker.