An open-end fund is a collective investment product where the issuer can redeem or issue shares at any time. Most mutual funds are open-end funds.
Since the issuers can redeem or issue new shares at any time, they can meet the needs of investors very fluidly - buying back shares if an investor wishes to sell, or issuing new ones if demand rises.
A manager also has the option to ‘close’ an open-end fund if they feel the fund 06has grown too large to allow new investors. Most mutual funds start out as open-end funds.
By law, your plan administrator (employer) must allow you to change your allocation at least quarterly
There are several types of retirement plans that employers can provide, but 401(k)s are one of the most popular
The withdrawal rules for a Self-Employed 401(k) are identical to the rules for a traditional 401(k). To avoid a 10% early
An investor may be able to save money in management fees self-managing, but there are also limitations and risks
Articles of Partnership lay out the nature of the agreement entered into by partners in business entity
Arbitrage is when an investor can pick up something in one market that has a higher value in another market
Run rate is an estimation of a future annual outlay or annual performance based on the most current numbers
Enterprise value is an amount that would have to be paid for a company to acquire all of its equity and debt
Investment income is money paid to an investor from the dividends, premiums sold, or sale of assets in their portfolio
A living trust describes a trust designed to transfer assets to beneficiaries upon the death of the owner/grantor