"fund transaction" is a grammatically correct and commonly used phrase in written English.
This phrase typically refers to the buying, selling, or exchanging of financial assets or investments. It is often used in the context of banking, finance, and investment industries. Example: The fund transaction went smoothly and the company's investments saw a significant increase in value.
"Even if it is the best-performing fund," Mr. Cutler added, "a customer has a right to know whether a broker received anything for recommending that fund transaction".
While a Congressional subcommittee is considering a bill that would give shareholders more information about fund expenses, no fundamental change in the level of mutual fund transaction or management fees is expected.
The fine print of the sample reports notes, for instance, that the investment expense estimate doesn't include some mutual fund transaction costs, like brokerage commissions, due to the buying and selling of fund shares; those costs, rather, are reflected in a fund's total return.
In some cases, prospectuses steered investors away from Class B or Class C shares, calling them more expensive, even though for the typical fund transaction — less than $50,000 invested for around four years — B and C shares can be cheapest.
The most important source of capital is the average mutual fund transaction of $10,000.
The trade processing service the clearing corporation already operates handled 83 million fund transactions valued at $1.6 trillion in 2002.
Mr. Adoboli was charged with false accounting from October 2008 to the end of 2009, including falsifying records of exchange-traded fund transactions with a view to personal gain.
WH Smith and Rolls-Royce were far from being the only massive pension fund transactions that the banker worked on, the note enthuses.
He has been on its board for 10 years, first drawn there when Alliance wanted to open an office in India to arrange such things as mutual fund transactions in rupees.
Excluding mutual fund transactions, Schwab's clients made an average of 101,500 trades a day in February, the company said, down 28percentt from a year ago and down 20percentt from January.
When the market unravelled, hedge funds were unable to retrieve collateral that their brokers had "rehypothecated", or used to fund transactions of their own; billions of such unsegregated money is still trapped in Lehman's estate, reducing dozens of its former clients to the status of unsecured general creditors.
