0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the full form of UIT mutual fund?
Unit Investment Trust Mutual Fund
Distinguish between domestic and international finance?
Finance is the process of transferring fund from surplus economic unit to deficit economic unit. Domestic finance is the process of transferring fund from surplus economic unit to deficit economic unit within a country. And International finance is the process of transferring fund from surplus economic unit to deficit economic unit when any of these units is located outside a national country.
Which was the first public sector mutual fund to set up after the Unit Trust Of India?
SBI mutual fund
What is a collection of various stocks bonds and other investments all grouped into a single unit called?
mutual fund
Difference between unit trust and mutual fund?
The major difference between a Unit Trust and a mutual fund is that a mutual fund is actively managed, while a unit investment trust is not managed at all. Capital gains, interest and dividend payments from the trust are passed on to shareholders at regular periods. If the trust is one that invests only in tax-free securities, then the income from the trust is also tax-free. A unit investment trust is generally considered a low-risk, low-return investment. Some investors prefer Unit Trusts to mutual funds because Unit Trusts typically incur lower annual operating expenses (since they are not buying and selling shares); however, Unit Trusts often have sales charges and entrance/exit fees. Mutual funds can be open ended or close ended. But unit trusts are open ended instruments.
What is the full form of UIT mutual fund?
Unit Investment Trust Mutual Fund
Distinguish between domestic and international finance?
Finance is the process of transferring fund from surplus economic unit to deficit economic unit. Domestic finance is the process of transferring fund from surplus economic unit to deficit economic unit within a country. And International finance is the process of transferring fund from surplus economic unit to deficit economic unit when any of these units is located outside a national country.
What are people who invest in mutual funds called?
They are called Mutual Fund Investors or Mutual Fund Unit Holders.
Which was the first public sector mutual fund to set up after the Unit Trust Of India?
SBI mutual fund
What is unit investment trust fund?
A unit investment trust is most commonly referred to as a UIT. It refers to a portfolio in a mutual fund. They are packaged by a third party and sold to investors or proposed to potential investors by a licensed stock broker. The most commonly packaged items are stocks and bonds.
Where is the Vietnam Unit Memorial Monument Fund in Coronado California located?
The address of the Vietnam Unit Memorial Monument Fund is: Po Box 181172, Coronado, CA 92178-1172
What is a 'unit link' in life insurance?
A unit link is a term used in life insurance to describe a type of fund where each contribution is linked to an individual unit within the fund. This could be stocks or other assets and is most commonly used in the UK.
What international organization is a unit within the United Nations?
International Monetary Fund
What services do TrustNet provide?
TrustNet offer their customers many different services. Some services that are offered are: investment trusts, pension fund, fund prices and performance and unit trusts.
What is a collection of various stocks bonds and other investments all grouped into a single unit called?
mutual fund
Why would the GE stock fund not hold the same value per share as a GE stock?
GE Stock Fund is essentially a mutual fund that holds only GE Stock. Therefore the value per share reflects the net asset value of each unit of the fund, which is not the same as the share price of GE stock. The performance of the GE Stock Fund will closely track that of GE stock, less the operating and adminstration fees charged by the fund.
What DA form is used for unit funds?
DA form 1687 (signature card) must be filled out with information of authorized unit fund representatives and must be updated every year.
