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Market timing trades can hurt long-term fund investors.
Late trading can dilute the returns of long-term fund holders.
The practice allows big investors to profit at the expense of long-term fund shareholders.
He called on the state to set up a long-term fund to care for her and her child.
It quantified the financial damage that some of these trading practices were inflicting on long-term fund investors -- damages that he estimated at almost $5 billion a year.
Mr. Naidoo said the long-term fund needed to be closer to $140 billion annually by 2020 to be truly effective.
Similar(48)
Consistent and long-term funding of research initiatives from the government and externally funded aid programmes is essential.
Recently the camel has been the centerpiece of a long-term fund-raising campaign.
Only last week, senior Red Cross officials were criticized by members of Congress and legislators in New York who accused the agency of cynically using the Sept. 11 tragedies to address long-term fund-raising goals and of siphoning tens of millions of dollars from widows and children.
At the same time, senior agency officials were criticized by members of Congress and legislators in New York who accused the agency of cynically using the Sept. 11 tragedies to address long-term fund-raising goals and of siphoning tens of millions of dollars from widows and children.
The programs disputing this message require long-term funding.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com