The right to buy a fixed number of shares/bonds at a particular price in a specified period.
Payments made usually at the end of the year to mutual fund shareholders of gains realized on the sale of securities in the mutual fund portfolio.
An interest-bearing, short-term debt instrument issued by banks and thrifts.
Profit that results when the price of a secuirty held by a mutual fund rises above its purchase price. If the security is sold, then the capital gain is realized; if the security is still being held, the gain is unrealized. If the security has been held for more than a year, the gain is long-term; otherwise it is shorter-term. A capital loss occurs when the price of a security falls below its purchase price.
A rise in market value of a mutual fund's securities, reflected in its net asset value per share. This is a specific long-term objective of many mutual funds.
A mutual fund scheme in which the investors commit their money for a particular period.
Same as Exchange Privilege.
The interest rate stated on a bond when it's issued. The coupon is typically paid semiannually.
The bank or trust company that maintains a mutual fund's assets, including its portfolio of securities or some record of them. The custodian provides safekeeping of securities but has no role in portfolio management.