Financial and business terms. 2012.
Annual fund operating expenses — For investment companies, the management fee and other expenses, including the expenses for maintaining shareholder records, providing shareholders with financial statements, and providing custodial and accounting services. For 12b 1 funds,… … Financial and business terms
Operating expense — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Fund Accounting — is an accounting system often used by nonprofit organizations and by the public sector. OverviewBecause there is no personal profit motive for owners or members of nonprofit organizations and organizations in the public sector, such as… … Wikipedia
Mutual fund fees and expenses — are charges that may be incurred by investors who hold mutual funds. Running a mutual fund involves costs, including shareholder transaction costs, investment advisory fees, and marketing and distribution expenses. Funds pass along these costs to … Wikipedia
Non-Capped Fund — A mutual fund with no limit on the annual operating expenses charged to shareholders. In a non capped fund, the charges will always cover the cost of doing business, as no ceiling has been placed on the fees. Investors in non capped funds do not… … Investment dictionary
Alaska Permanent Fund — The Alaska Permanent Fund is a constitutionally established fund, managed by a semi independent corporation, established by Alaska in 1976. Shortly after the oil from Alaska’s North Slope began flowing to market through the Trans Alaska Pipeline… … Wikipedia
Expense Ratio — Total Annual Fund Operating Expenses ( Expense Ratio ) the line of the fee table in the prospectus that represents the total of all of a fund s annual fund operating expenses, expressed as a percentage of the fund s average net assets. Looking at … Wikipedia
Closed-end fund — A closed end fund (or closed ended fund) is a collective investment scheme with a limited number of shares. It is called a closed end fund (CEF) because new shares are rarely issued once the fund has launched, and because shares are not normally… … Wikipedia
Index fund — An index fund or index tracker is a collective investment scheme (usually a mutual fund or exchange traded fund) that aims to replicate the movements of an index of a specific financial market, or a set of rules of ownership that are held… … Wikipedia
Texas Tomorrow Fund — The Texas Tomorrow Fund is a prepaid college investment plan operating in Texas.There are two plans, The Texas Guaranteed Tuition Plan , and Tomorrow’s College Investment Plan . The former is a constitutionally guaranteed trust fund backed by the … Wikipedia
