What Is a Fund Trading Account
A fund trading account is an account opened by a selling institution for an investor to record the movements and balances of fund shares bought and sold through that selling institution.
What Is The Procedure For Buying Open-End Funds?
Open-end Funds refers to listed open-ended funds that can be purchased and redeemed at designated outlets or bought and sold on the exchange after they have been issued.
What Is a Fund Contract
A fund contract is a contract or agreement between parties to a fund with equal status to regulate the rights and obligations between them in the fund's activities.
What is fund income distribution
Fund income distribution refers to the distribution of the net income of the Fund to fund holders in proportion to the number of fund units held. If the fund has lost money in the previous year, the current year's income shall be used to make up for the previous year's loss. If there is still any surplus after the fund's loss has been fully made up, the current year's income can be distributed. If the Fund suffers losses in the current year and has no net income, no income distribution shall be made.
What Is a Closed-End Fund?
A closed-end fund is a fund in which the promoter sets a limit on the total number of units that can be issued when setting up the fund.
What Is a Portfolio Fund?
What is a portfolio fund? How should I choose a portfolio fund?