Investor Definitions

MUTUAL FUNDS

A mutual fund is an open-end investment company or fund.  An open-end fund is one of three basic types of investment companies.…

5 years ago

MUTUAL FUND REDEMPTIONS

A mutual fund company generally must pay redemption proceeds to a shareholder within seven days of receiving a redemption request…

5 years ago

MUTUAL FUND PROSPECTUS

Mutual funds must provide a copy of the fund’s prospectus to shareholders after they purchase shares, but investors can –…

5 years ago

MUTUAL FUND FEES AND EXPENSES

As with any business, running a mutual fund involves costs. For example, there are costs incurred in connection with particular investor transactions,…

5 years ago

MUTUAL FUND CLASSES

Some mutual funds offer investors different types of shares, known as "classes."  Each class invests in the same portfolio of…

5 years ago

MORTGAGE-BACKED SECURITIES AND COLLATERALIZED MORTGAGE OBLIGATIONS

Mortgage-backed securities (MBS) are debt obligations that represent claims to the cash flows from pools of mortgage loans, most commonly…

5 years ago

MONEY MARKETS

A market that provides trading in short-term debt.

5 years ago

MONEY MARKET FUND

A money market fund is a type of mutual fund that has relatively low risks compared to other mutual funds and most…

5 years ago

MINI-TENDER OFFERS

"Mini-tender" offers are tender offers that, when consummated, will result in the person who makes the tender offer owning less…

5 years ago

MICROCAP STOCK

The term “microcap stock” (sometimes referred to as “penny stock”) applies to companies with low or micro market capitalizations.  Companies with…

5 years ago