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Is George P Putnam the founder of the George Putnam fund of Boston?
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∙ 14y ago
No. George P. Putnam born 1887 and died 1950 was an explorer, publisher, newspaper editor, promoter, and Amelia Earhart's husband but not the Founder of The Putnam Fund. The Putnam Fund of Boston was founded in 1937 by another George Putnam.
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∙ 14y ago
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What is the WF?
Wf stands for wildlife fund thks u guys
A special fund-raising mechanism for candidates is a?
political action committee (PAC)
What part of a sentence is fund-raiser?
"fund-raiser" is a compound noun, which can form any part of a sentence for which a noun is suitable: subject, direct object or indirect object of an active verb, predicate complement, object of a preposition, or object of a verbal.
How to set up a Venture Capital Fund?
I am a CPA whose firm specializes in handling the back office accounting for venture funds so feel comfortable speaking to some of the non-marketing issues related setting up a fund. Structure Generally, the first step in setting up a venture fund is finding a lawyer to prepare your legal documents. Your lawyer will help you decide a number of items. You will generally save some time and money by thinking about these issues before meeting with your lawyer. Structure - Most venture capital funds are structured as limited partnerships. Limited partnerships generally have two types of investors: limited partners and a general partner. Limited partners are generally non-active investors who commit to invest a fixed amount of money to the fund (capital commitment) in exchange for a pro-rata share of the economics of the fund (e.g. proceeds from sales, dividend income, interest income). The liability of each limited partner is limited to his/her/its commitment to the fund. Fund's generally have one general partner. The job of the general partner is to manage the fund's investments. Generally, a general partner will make a capital commitment of one percent of the commitments of all partners. For example, if the limited partners were to commit $99 million to a fund, the general partner would commit $1 million. I have seen funds that are structured as LLC's and Small Business Investment Companies (SBICs) as well as Business Development Companies. You should speak with your lawyer about the pros and cons of each structure. Fees - Generally the general partner gets paid in two ways: Management Fee - The general partner (generally through its affiliate, the management company) receives an annual management fee equal to two to two-and-half percent of committed capital. For example, if the fund had total commitments of $100 million and a two percent managment fee, the fund would pay the management company $2 million per year. The management fee is intended to cover the operating costs of the management company including investment personnel salaries, rent, utilities, etc... Carry - The general partner generally receives 20% of the profits of a fund. The general idea is that if the fund is profitable, the general partner will receive a reward. For example, if a fund was able to pay $200 million in distributions to investors who contributed $100 million, 20% of the $100 million gain ($200 million in distributions - $100 million in contributions) or $20 million would go to the general partner. Some funds will have hurdle rates that require the fund pay back not only the contributions of the limited partners but also provide them with some return on their investment (e.g. 8% per year) before a carry allocation is paid. Other expenses - Some other expenses that are not related to the management company are as follows: Audit and Tax Fees - These are the amounts paid to an outside CPA firm to have the fund audited and tax forms (referred to as schedule k-1's) prepared. (Side note: Limited partnerships are passthrough entities for tax purposes meaning the income and expenses are passed on to the partners. The Schedule k-1's tell each partner how much he or she owes.) Due Diligence Expenses - These are out of pocket expenses for travel and advice that the employees and members of the management company or general partner incur when looking at companies to invest in. Legal Fees - These are the legal fees incurred by the fund. Organizational and Syndication Costs - These are the costs related to structuring a fund including legal costs and the costs of recruiting limited partners to invest in the fund. Legal Documents The lawyers usually prepare three main legal documents for a fund: Partnership Agreement - This agreement spells out all of the operational rules of the partnership. It would include the formulas for calculating the carry and the management fees. It would also detail limitations in the amounts and types of investments that the general partner is allowed to make. Offering Document (Private Placement Memo) - This is the marketing document for the fund. Unlike mutual funds which are heavily regulated, venture funds are generally not registed. In exchange for the lack of regulatory burden, venture funds must avoid marketing in general. Venture Funds are allowed to put together private placement memos which are designed to provide a potential investor with all of the information that such investor may require including explanations of the fund structure, its strategy and management. Subscription Documents - These are the documents an investor must fill out in order to invest in the fund. It includes personal information including contact information and tax identification numbers. It also includes the investors commitment amount. It includes a questionaire designed to determine whether or not the investor is qualified to invest in the fund. It is important that you hire lawyers with fund knowledge and experience to get this document right.
What is the mutual funds ticker symbol for walmart?
Walmart is not a mutual fund, rather it is an individual company. The stock symbol is WMT.
Is George P Putnam the founder of the George Putnam Fund?
no he didn't
What is the symbol for Putnam High Income Bond Fund in the NYSE?
The symbol for Putnam High Income Bond Fund in the NYSE is: PCF.
What is the ticker symbol to use for Putnam stable value fund?
The Putnam Stable Value Fund is a mutual fund made up largely of bonds that is used exclusively for Putnam Defined Contribution plans. It is not publicly traded so it does not have a ticker symbol. The fund's CUSIP is 74686Q801.
What is the market cap for Putnam High Income Bond Fund PCF?
As of July 2014, the market cap for Putnam High Income Bond Fund (PCF) is $148,319,683.20.
What would happen if a mutual fund company goes bankrupt?
Let's use an example to illustrate. I own a certain Putnam Growth Fund. That growth fund is set up legally as it's own independent company separate from Putnam Holdings in order to protect it. That growth fund, as it's own company, gives parts of it's profits to Putnam Holdings for advertising, naming rights, research, guidance, management, etc. If Putnam Holdings went bankrupt, as a shareholder in the Putnam fund you have not lost anything except for the Putnam name, and it's talent that runs the fund. The mutual fund you own would still exist as a separate company and as a group you could hire a new manager or board to oversee the stocks. It has to be run this way because the Secruities act of 1940 says so. Putnam is like a bowl that holds mutual fund fruit. If the bowl shatters, the fruit is still tasty and sweet (but maybe bruised a bit). It can be put in a new bowl or sit on the floor rotting.
Where is the South Boston Sports Hall Of Fame Trust Fund in South Boston Massachusetts located?
The address of the South Boston Sports Hall Of Fame Trust Fund is: Po Box 236, South Boston, MA 02127-0007
What are some good energy mutual funds?
Some good energy mutual finds are Vanguard Energy Fund, Icon Energy Fund, Fidelity Select Natural Resources Portfolio, Putnam Global Energy Fund, and Fidelity Select Energy Portfolio.
Who is ken heebner?
CGM Focus fund manager with Capitol Growth Management in Boston Mass. CGM Focus fund manager with Capitol Growth Management in Boston Mass.
What has the author George A Brakeley written?
George A. Brakeley has written: 'Tested ways to successful fund raising' -- subject(s): Fund raising
What are the names of some energy mutual funds?
Some energy mutual funds (especially in the US) are the following: Icon Energy Fund, Integrity Williston Basin/Mid-North America Stock Fund, Fidelity Select Energy Portfolio, Fidelity Select Natural Resources Portfolio , Vanguard Energy Fund, Guinness Atkinson Global Energy Fund, Waddell & Reed Advisor Energy Fund, BlackRock Natural Resources Trust Fund, Putnam Global Energy Fund, Fidelity Advisor Energy Fund.
Who owns the yacht Archimedes?
Jim Simons, American hedge-fund manager, founder of Renaissance Technologies.
What is George Soros's occupation?
George Soros is a/an Investor, hedge fund manager, author, and philanthropist
