Your English writing platform
Discover LudwigSuggestions(2)
Exact(25)
[C2.] Some Fund Prices Not Available Because of transmission errors, some mutual fund prices were not available at press time.
Fund prices are usually fixed at the end of the previous trading day.
For decades, investors have expected money market fund prices to remain fixed at $1 a share.
The reality, they said, is that money fund prices simply don't fluctuate very much — until there's a full-blown crisis.
Each day, newspapers report mutual fund prices, giving investors an instant score card on their funds' performance.
"Fund prices in this area are now higher and considerably so in some cases compared with pre-crisis levels," he says.
Similar(35)
Professor Zitzewitz said last year that despite the arbitrage possibilities inherent in mutual fund pricing, funds were not doing much to correct matters.
That produces the net asset value per share -- the daily fund price that is printed in newspapers.
The other technique involves quick trades that take advantage of inefficiencies in setting an accurate mutual fund price.
He also ditches the Green Shield Stamps saving scheme, which had been a key part of the business for 15 years, saving £20m to fund price cuts.
DAVID SILVER, as a young regulator, helped negotiate the rule that sets the 4 p.m. deadline for fund pricing -- a rule he now agrees is obsolete.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com