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What are the requirements for a license to sell mutual funds in Texas?
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∙ 9y ago
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Can you sell equities with a series 6 license?
No, only mutual funds and fixed annuities.
What is a series 6 license used for?
The series 6 license allows the holder to sell mutual funds and fixed annuities.
What are series 6 and 63 licenses for?
Series 6 license is require for professionals who sell mutual funds, variable annuities, retirement plans and insurance products as well. While for series 63 license, it is required for those wish to sell only investment company products like mutual funds and money-market funds.
Must mutual funds be held in street names?
Mutual funds must be held in a person's real name. This is the name on their birth certificate, or found on their drivers license, or other form of identification.
How do no load mutual funds work?
No load mutual funds are mutual funds that are sold directly by the investment company instead of by an investment broker. They work exactly the same as regular mutual funds.
How do fund of funds classify?
Mutual Funds are classified as * Equity Mutual Funds * Equity Diversified Funds * Equity Linked Savings Schemes * Large Cap funds * Mid cap funds * Small cap funds * Contra Funds * Sectoral Funds * Thematic Funds * etc... * Debt Mutual Funds * Bond Mutual Funds * Hedge Funds * Fund of Funds * etc...
What is the current interest rate of a Wells Fargo Bank mutual fund in Texas?
There are a number of different Wells Fargo Mutual funds. The average return for a mutual fund in 2009 was 5%
What are some of the best mutual funds available?
There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.
What are mutual fund shares?
Mutual fund shares are stocks of mutual funds, fractions of mutual funds just as companies have shares.
How many mutual funds were there in 1990?
By 1990, there were 3,105 different mutual funds
What is pimco funds?
Pimco funds are mutual funds. They are a type of mutual fund that gains interest over time. Pimco is a international financial institution from whom you would get these mutual funds.
What are the two primary types of mutual funds?
The two primary types of mutual funds are "no-load" and "load" funds
