Sentences with phrase «redeeming shares in the fund»

Some mutual funds charge load fees when buying or redeeming shares in the fund.

Not exact matches

Also, a bond fund is only going to have so much cash on hand, so if the investors in a certain fund all want to redeem their shares of the fund at the same time, it will pose problems for the fund manager trying to meet redemption requests.

The GBTC trades like a closed - end - fund usually at a price that is substantially different than the value of the underlying asset, and does not possess the ability to create or redeem shares in the open market.

In particular, if you want to redeem your mutual fund shares during the day, you'll need to wait till the end of the day to get your Net Asset Value (NAV), and therefore your sale price, locked.

The poor mutual fund industry results led to an acceleration of investors redeeming shares from their actively managed funds and reinvesting in index funds.

In order to redeem shares, the investor would have to find another investor who would be willing to buy the shares at the price the closed end fund shareholder sets.

Most mutual funds do not issue or redeem shares in kind or charge transaction fees.

This is where you have to get into the Creation and Redemption unit construct of the exchange - traded fund where there are «in - kind» transactions done to either create new shares of the fund or redeem out shares of the fund.

ETFs and mutual funds are generally open - ended funds in that their owners can redeem their shares for their net asset value at any time.

If you invest in an MMF, you can redeem your shares on demand and get the price you paid for them, which you can't do with other mutual funds.

Then, in case of a run on the fund, it may end up defaulting since it won't have the money to redeem shares at the NAV it published.

Investment return and principal value of an investment in the fund will fluctuate so that an investor's shares when redeemed, may be worth more or less than their original cost.

In other words, when a shareholder of an open - end fund decides to sell shares of the fund, the mutual fund will redeem shares at net asset value (NAV).

If you want out, you typically have one «sell» window each quarter and the managers can limit the number of shares they're able to redeem at one time; you might well want to sell $ 10,000 in an interval fund but be limited to $ 7,000 at the end of next quarter.

However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants, in very large creation / redemption units.

Any shareholders remaining in the fund on the distribution date will automatically have their shares redeemed for cash at the net asset value as of the liquidation date.

Each Business Day, Fund portfolio holdings information will be provided to the Distributor or other agent for dissemination through the facilities of the NSCC and / or other fee - based subscription services to NSCC members and / or subscribers to those other fee - based subscription services, including Authorized Participants, and to entities that publish and / or analyze such information in connection with the process of purchasing or redeeming Creation Units or trading shares of the Fund in the secondary market.

The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

When you redeem shares in a pass - through fund like a bond mutual fund you are executing your sale across the entire portfolio.

For example, a fund may charge 6 % if shares are redeemed in the first year of ownership, and then reduce that fee by 1 % each year until year six when no fee is charged.

It is easy to buy and redeem shares in mutual funds.

NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through authorized participants.

In such transactions, a fund issues and redeems shares in exchange for the basket of securities, other instruments and / or cash that the fund specifies each business daIn such transactions, a fund issues and redeems shares in exchange for the basket of securities, other instruments and / or cash that the fund specifies each business dain exchange for the basket of securities, other instruments and / or cash that the fund specifies each business day.

Shares of NextShares funds are traded in the secondary market through a broker, and may not be individually purchased or redeemed from the fund.

Are you taking into account the fact that an ETF (or any mutual fund) will have investors putting in new money, and sometimes redeeming shares?

Like ETFs, exchange - traded managed funds may issue and redeem shares in Creation Unit quantities on a daily basis.

NextShares funds issue and redeem shares only in specified creation unit quantities in transactions by or through Authorized Participants.

Mutual funds almost always issue and redeem shares in cash.

In particular, if you want to redeem your mutual fund shares during the day, you'll need to wait till the end of the day to get your Net Asset Value (NAV), and therefore your sale price, locked.

NextShares funds may issue and redeem shares in Creation Unit quantities on a daily basis.

Note that the above example will not work well with stock shares which must be bought and sold in integer numbers whereas mutual fund houses will gladly sell or redeem fractional shares.

Monday the Fund announced that it was redeeming its convertible preferred shares in March for those who don't convert beforehand.

The investment return and principal value of an investment in the Fairholme Fund will fluctuate, so that an investor's shares when redeemed may be worth more or less than their original cost.

The investment returns and principal values of investments in the Funds will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

The investment return and principal value of an investment in the Allocation Fund will fluctuate, so that an investor's shares when redeemed may be worth more or less than their original cost.

About NextShares, an exchange - traded managed fund («ETMF»): Shares of NextShares funds are normally bought and sold in the secondary market through a broker, and may not be individually purchased or redeemed from the fund.

Investopedia defines a load as, «A sales charge or commission charged to an investor when buying or redeeming shares in a mutual fund.

Under the SEC proposal, an ETF would be defined as a registered open - end management investment company that: • Issues (or redeems) creation units in exchange for the deposit (or delivery) of basket assets the current value of which is disseminated per share by a national securities exchange at regular intervals during the trading day; • Identifies itself as an ETF in any sales literature; • Issues shares that are approved for listing and trading on a securities exchange; • Discloses each business day on its publicly available web site the prior business day's net asset value and closing market price of the fund's shares, and the premium or discount of the closing market price against the net asset value of the fund's shares as a percentage of net asset value; and • Either is an index fund, or discloses each business day on its publicly available web site the identities and weighting of the component securities and other assets held by the fund.

Each Fund will redeem all or any portion of a shareholder's shares of the Fund when requested in accordance with the procedures set forth in the «Redemptions» section of the Prospectus.

However, shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation / redemption units.

So in most cases it doesn't matter whether you call the mutual fund company or the broker (or trade online) when it comes to the share price you'll get when you buy or redeem shares.

Shares are not individually redeemable from the Fund, however, Shares may be redeemed directly from a Fund by Authorized Participants, in very large creation / redemption units.

ETFs can take advantage of their two - tier structure (market makers create and redeem shares in exchange for the underlying assets, then sell / buy those shares to / from you) to essentially eliminate «capital gains distributions» (those pesky annual payouts that a fund is required to make when it sells its underlying assets at a profit as part of share redemption or asset rebalancing).

The example assumes that you invest $ 10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those time periods.

When a NextShares fund does issue or redeem shares, the transactions are made through designated authorized participants and are normally in kind when practicable, meaning that the fund receives or delivers securities rather than cash.

You may not purchase, redeem or exchange shares held in your intermediary account directly with a fund.

Set up automatic investment plans (AIP) for clients in mutual funds using debits from client accounts and systematic withdraw plans (SWP) to allow clients to redeem mutual fund shares automatically.