What is a fund house? A group of funds managed under one umbrella. The most basic fund family would include a stock, bond and money market-portfolio, although many funds have variants like sector funds, balanced funds. What are a fund’s net assets Value (NAV)? The total value of a ...
Mutual funds pool money from investors to collectively invest in a group of securities. Professional money managers control the investments, optimizing the portfolio to meet the fund's objectives. Investors can find those objectives in the fund prospectus. Depending on the ...
Mirae Asset Focused Fund Direct - Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low. The fund has the majority of its money invested in Financial, Services, Technology, Capital Goods, Auto...
The value of an investor's share in a mutual fund is determined by the fund's net asset value (NAV). The NAV is calculated daily based on the value of the underlying investments in the fund. When an investor buys or sells shares in a mutual fund, the transaction is based on the NAV...
NAV & Total Return History NAV HistoryNAV Adjusted HistoryDec '23Feb '24Apr '24Jun '24Aug '24Oct '242005201020152020$5$7$10$12$5$7$10$12Zoom1m3m6m1y5yAllFromOct 25, 2023ToOct 25, 2024NAV HistoryNAV Adjusted HistoryLegend (Click to show / hide lines)TC...
Hancock Horizon Burkenroad Small Cap(HHBUX), a $700 million small-core fund that’s completely off my radar, in part because it’s larger than we normally target but also because the “Hancock” name threw me off. It looks like an interesting little fund complex headquartered in New Orlea...
Bill Ackman wanted to launch a fund for regular investors. Which he decided needed to be a closed-end fund. With a 2% annual management fee for himself. And a 1.5% sales fee. And the very real prospect that the fund would sell at a discount to NAV, at 80% of what closed-end vehic...
to disclose in its prospectus the number of trading days during the most recently completed calendar year and quarters since that year on which the market price of the ETF shares exceeded the fund's NAV and the number of days it was less than the fund's NAV (premium/discount information)....
You can buy or sell shares of this fund on any trading day at a price called the net asset value (NAV). This price depends on the total value of the fund’s assets minus its costs, divided by the number of shares. In simple terms, an index mutual fund in India tracks a specific ...
2 Funds with a greater pro rata ownership in a Portfolio could have effective voting control of the operations of the Portfolio. Whenever the Company is requested to vote on matters pertaining to a Portfolio, the Company will hold a meeting of shareholders of the corresponding Fund or Funds ...