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Symbol Symbol, Fund Name, Return ; MSTX MSTX, Defiance DT 1.75X L MSTR, 14.23% ; NAIL NAIL, Direxion:Hbldrs&Sup Bl3X, 8.79% ; RETL RETL, Direxion:Retail Bull 3X, 8.50%
Some mutual funds plan to deliver a not-so-cheery package to investors this holiday season—large taxable distributions. A handful of mutual funds plan to make capital-gains payouts of...
An investment company that continually offers new shares and buys existing shares back at the request of the shareholder and uses its capital to invest in diversified securities of other companies. (Banking & Finance) US and Canadian an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency. British equivalent: unit trust ...
For more than 30 years, when you’ve bought a mutual fund in Canada with a deferred sales charge (or DSC), you’ve paid no upfront fee. The catch is that if you sold the fund before a specified period of five to seven years, you’ll pay a hefty penalty. DSCs usually start at 6% if redeemed in the first year and fall by 1% every year over the remaining schedule until they reach zero. The aim? To keep you invested in the mutual fund for several years because selling those funds early can cost you several hundreds—or even several thousands— ...
Acting on SEBI’s concerns about the froth building in mid-cap and small-cap segments in the stock market, AMFI had told mutual funds to conduct stress tests and publish the result on its own websit...