Question: What does Rule 12b 1 enable mutual funds to do Is
What does Rule 12b-1 enable mutual funds to do? Is this normally beneficial to current mutual fund shareholders?
Answer to relevant QuestionsAre earnings of mutual funds normally taxed at the fund level or the shareholder level? Define net asset value. Do closed-end funds normally trade at their net asset value? What about open-end funds? The New Pioneer closed-end fund has $520 million in securities, $5 million in liabilities, and 10 million shares outstanding. It trades at a 5 percent premium above its net asset value (NAV). a. What is the net asset value ...What is the advantage of using a composite of indicators (such as the 10 leading indicators) over simply using an individual indicator? Explain why low interest rates make housing stocks and other related stocks attractive.
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