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How can someone compare mutual funds?
Someone can compare mutual funds by using a MarketWatch tool for mutual fund comparison, Smart Money fund compare, and analyzing mutual funds at finance in yahoo.
What happens to the money between the time a worker pays into a trust fund and the time when he or she collects benefits from that fund?
The money in the trust fund is invested and some of the income is used to pay future benefits. As a result, the net value of the fund increases over time.
Cash flow Vs funds flow?
Cash flows and fund flows
Is money market funds cash equivalent?
Yes. Since the Fund meets the definition of a money market fund under the Act, the Fund may be classified as a cash equivalent in Company X's statement of cash flows. FASB Statement No. 95, Statement of Cash Flows ("FAS 95"), par. 9, indicates that items commonly considered cash equivalents include treasury bills, commercial paper, and money market funds. Although FAS 95 does not include the definition of what constitutes a money market fund, we believe it is appropriate for a money market fund that meets all of the qualifying criteria for a money market fund under the Act to be classified as a cash equivalent in the statement of cash flows. However, If the Fund does not meet all of the qualifying criteria for a money market fund under the Act, Company X should compare the attributes of the investments made by the Fund, such as credit quality and maturity, and the weighted average maturity of the Fund's investments to the requirements for an SEC registered money market fund in order to determine if classification of its investment as a cash equivalent is appropriate. FAS 95, par. 8, states that: "...cash equivalents are short-term, highly liquid investments that are both a. Readily convertible to known amounts of cash b. So near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition." I think that if (1) the Fund's policies include a provision that requires the weighted average maturity of the Fund's securities holdings not to exceed 90 days, (2) Company X has the ability to redeem the Fund's shares daily in accordance with its cash-management policy, and (3) the Fund's investment attributes are consistent with the investment attributes of an SEC registered money market fund and the definition of cash equivalents in FAS 95, it would be appropriate for Company X's investment in the fund to be classified as a cash equivalent in its statement of cash flows.
Was the Reserve Fund the first money market mutual fund?
The Reserve Fund was the first money market mutual fund
Is a money market fund the same as a mutual fund?
A money market fund is a mutual fund, but behaves a little different than most fund.
What is a commutation factor?
A commutation factor is a numerical value used in the analysis of financial transactions, especially in the context of pension plans and annuities. It represents the present value of future cash flows, converting them into a lump-sum equivalent that reflects the time value of money. This factor is crucial in determining the amount needed to fund future obligations, ensuring that the financial resources are appropriately allocated and managed.
What was the Reserve Fund?
The Reserve Fund was the first money market mutual fund
What percentage of money goes to the salesman of a mutual fund?
Around 1% of the money you invest in the fund goes to the salesman who sells the fund to you.
Do fund of funds raise money?
A Fund of Fund is a Mutual Fund where the fund manager does not buy individual stocks. Instead he buys mutual funds of a particular type. Maybe Equity Oriented Funds or Debt Oriented Funds etc. When the Fund of Fund starts an IPO, they raise money from investors and then begin investing money in the various fund schemes
Explain taxes as a sources of fund?
All of the money taxes that is collected from the taxpayers would be a source for the fund. And the source of the fund would be the taxpayers that are paying the money tax to the fund.
After a fund has reached the amount of money to be considered endowed, can people still contribute more money into it and what is that money used for?
Yes and what it is used for depends on what the fund is for. In general the fund is to invest money and earn a little on it.
