Exact(2)
For the pricing of most securities, the late-afternoon cutoff poses no particular problem; fund companies evaluate their portfolios using the last traded price of the day.
The management companies should be required by the Securities and Exchange Commission, or by Congress, if necessary, to waive any exit fees for a problem fund for a specified period, allowing dissatisfied investors to vote with their feet.
Similar(58)
That's a common problem, fund-raising experts and estate lawyers say.
Major League Baseball took a different approach to the problem, funding a study by endocrinologists Joel Finkelstein and Benjamin Leder of Massachusetts General Hospital in Boston.
HM and MB were responsible for the identification of the problem, fund-raising, planning and leading the project.
But they just don't seem to be having any problems funding themselves".
"It comes close after problems funding childcare," says acting manager Debbie Lindsay.
It seems like only months ago there were stories of political problems, funding problems, construction problems — and copious photos on the Internet of nothing more than a kind of desert with a trace of building foundations and track.
Zuccaro acknowledges the fees are high, but says all small funds have that problem (his fund's asset base of $25 million has shrunk from $700 million in 2000).
This phenomenon also causes a corollary problem for fund managers.
Still, it is "a big problem to fund the current Ph.D. students".
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