What Is a Fund Subscription
A fund subscription is the process by which an investor purchases units in an open-ended fund during the fund's offering period, before the fund has been established.
What Are Money Markets? What Is a Money Market Fund?
The money market is a market in which financial assets with a maturity of less than one year are traded.
Who Are Hedge Funds For?
What is a hedge fund? There is no exact definition of a hedge fund in the mature market, and sunlight private placements have been seen as a prototype for hedge funds.
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.
