Sentences with phrase «received by the mutual fund»

Those distributions represent interest received by the mutual fund from municipal bonds and similar investments.

Interest received by the mutual fund will be included in the ordinary dividend you receive.

Not exact matches

A Canadian T3 tax slip, or Statement of Trust Income Allocations and Designations, is prepared and issued by financial administrators and trustees to tell you and the Canada Revenue Agency (CRA) how much income you received from investment in mutual funds in non-registered accounts, from business income trusts or income from an estate for a given tax year.

Avoid purchasing mutual funds in non-registered accounts late in the year because you will be taxed on year - end distributions that include gains received by investors before you bought your units.

The dollar amount (known as net asset value) you receive by selling your shares back to the mutual fund will depend on market conditions.

Gross investment income: The total of all interest and dividends received on the securities in a portfolio, such as that held by a mutual fund.

Investors will not receive a Form 1099 - DIV, issued by most mutual funds and other ETFs, which itemizes the taxable distributions received by the investor.

If someone invests this money from age 25 to 65 in mutual funds or an index fund and receives an average rate of return of 11 % (what the S&P 500 has done over the past 70 years), they will have over $ 4.2 million by the time they reach 65.

For the dividend to be considered as qualified divident rather than ordinary dividend, therefore subject to the favoriable tax rate, the dividends must be paid by a U.S. corporation or a qualified foreign corporation and the mutual fund that holds the dividend - paying stock must have held the equity for more than 60 days during the 121 - day period that begins 60 days before the ex-dividend date (the first date following the declaration of a dividend on which the buyer of a stock will not receive the next dividend payment.

Canadian resident mutual funds, ETFs and pooled funds therefore have 15 per cent withholding tax on dividends and only receive 85 per cent of any dividends paid by the underlying U.S. stocks.

This marks the ninth consecutive year that Hennessy Funds has been honored by the Mutual Fund Education Alliance (MFEA) and brings the total number of STAR Awards received to 30.

A mutual fund's shareholders have a continuing right to withdraw their investment in the fund simply by submitting their shares to the fund itself and receiving in return the dollar amount of their net asset value.

Brian Sauter, CERTIFIED FINANCIAL PLANNER ™ with Pure Financial Advisors, explains the total cost of the financial advice you're receiving by breaking down commissions of annuities, loaded mutual funds, non-traded REITS as well as internal costs with mutual funds, annuities and advisory fees.

Mutual funds are required by law to pass on any income they receive — whether it's interest from a bond or dividends from a stock — to shareholders in the form of a dividend distribution.

If money market fund share values are forced to float, even by typically tiny amounts (as will almost certainly be the case), investors will be forced to track the cost of each share and the proceeds received upon its redemption, just as with a stock or a conventional mutual fund.

Capital One Investing receives revenue sharing payments from mutual funds and their distributors or other affiliates, based on the amount of these funds sold by us and / or held through us by our customers.

The so - call «fund facts» document mandated by securities regulators is the final step in improvements to mutual fund disclosure rules that began more than five years ago that are aimed at ensuring investors receive the information they need.

You understand that mutual fund purchase orders received by us and entered into our systems before the cut - off time will receive the share price calculated that business day.

On the surface, Erin's issue seems like a choice between one firm over another based on the idea that she'll receive more reliable service by purchasing mutual funds at one of the big banks.

Fees came up as a response to Beth Hamilton - Keen's comments during her presentation on «Putting Clients First...» She voiced an opinion that Canadian mutual fund management expense ratios (MER) seem high compared with other countries and that part of those fees are received as compensation by Canadian advisors and banks using those mutual funds.

Fee - based financial advisors can receive compensation from fees paid by you and from commissions paid to them by a brokerage firm, mutual fund company, insurance company, or investment partnership.

When you receive a capital gain allocation on Form 2439, you get to increase the basis in your mutual fund shares by 65 % of the amount of the allocation.

Mutual funds (including ETFs) outside of the HSBC Fund family are also offered as options in the Managed Products and are advised by investment managers unaffiliated with HSBC Securities (USA) Inc., who also receive a fee for their investment services.

By now you have received confirmation statements from the mutual funds showing that we had done exchanges for both IRA accounts at Fidelity Advisors.

-- On August 14, 1993, Ms. Janousek, a pedestrian, was struck by an uninsured vehicle driven by Shawn Montreul — After hitting Ms. Janousek, the vehicle also struck a nearby parking lot fence — The debris from the fence damaged three unoccupied vehicles in the parking lot — These vehicles were insured by Halifax Insurance Company, Canadian Surety Company and Mutual Insurance Company — None of the three vehicles came into contact with Ms. Janousek or the uninsured vehicle — As Ms. Janousek had no automobile insurance of her own to access for payment of accident benefits she submitted a claim for benefits with the Motor Vehicle Accident Claims Fund (MVACF)-- Originally the MVACF accepted the claim but on March 24, 1994 the payments ceased as the Fund believed that one of the three insurance companies should be responsible for the payments — All three companies received an application for accident benefits for Ms. Janousek but denied the claim — The insurance companies were not able to come to an agreement and resolve disputes through mediation — Ms. Janousek then applied for arbitration under the Insurance Act, R.S.O. 1990, c. I. 8.

The Systematic Investment Plan or SIP is a tool that is used by mutual fund companies all over the world including in India as a convenient means by which investments can be received and dividends paid out.

Investors may soon receive tax benefits in retirement plans run by the Mutual Funds Companies (MFCs).

The MAI operates as a mutual - it is funded by the premiums received from policyholders and from their investment portfolio, so no one carrier insurers you.