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The Weekly Asset Allocation Report offers five tactical asset allocation portfolios with varying levels of risk, from conservative to aggressive. The portfolios apply TrimTabs’ proprietary research on mutual funds and ETFs. This report is most appropriate for financial advisors, retail brokers, and individual investors.
If you’re a mutual fund or ETF investor, then you need to know about net asset value. Here’s the basics.
Net asset value (NAV) is the value of an entity's assets minus the value of its liabilities, often in relation to open-end, mutual funds, hedge funds, and venture capital funds. [ 1 ] [ 2 ] Shares of such funds registered with the U.S. Securities and Exchange Commission are usually bought and redeemed at their net asset value. [ 3 ]
The first money market mutual fund to break the buck was First Multifund for Daily Income (FMDI) in 1978, liquidating and restating NAV at 94 cents per share. An argument has been made that FMDI was not technically a money market fund as, at the time of liquidation, the average maturity of securities in its portfolio exceeded two years. [10]
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Goldman Sachs Asset Management to Disclose Daily NAV for US-Domiciled Commercial Paper Money Market Funds NEW YORK--(BUSINESS WIRE)-- Goldman Sachs Asset Management announced that it will begin ...
Fund administration is the name given to the execution of back office activities including fund accounting, financial reporting, net asset value calculation, capital calls, distributions, investor communications and other functions carried out in support of an investment fund, which may take the form of a traditional mutual fund, a hedge fund, a private equity fund, a venture capital fund, a ...
An angry, drunken grandma has been busted in Tennessee for allegedly stabbing her daughter and grandson with a kitchen knife during a Thanksgiving Day argument.