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That does not mean that low turnover funds will perform better, but it does mean they will not burn cash dodging in and out of securities that may result in short-term capital gains that are taxed as ordinary income.
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This is higher than the proportion of BAC's turnover funded by Wandsworth's combined package of grant, maintenance and 'rental value' prior to the cut.
Fund Total Return Latest 12 months Portfolio Turnover Fund Total Return Latest 12 months Portfolio Turnover.
Business start-up support scheme Entrepreneurial Spark (ESpark) has reported a sharp rise in turnover, funding and job creation for businesses under its wing.
However, the latter described how staff turnover, funding delays and cuts had resulted in loss of one post with a negative impact on transition (5b).
But even low-turnover funds can be tempted by the bargains created in sharp downturns.
Low trading costs help performance at low-turnover funds like Dreyfus Worldwide Growth.
And managers of both high- and low-turnover funds struggled to weather the turbulence of the fourth quarter of 2011.
Our advice on this score is to be leery of high-turnover funds.
Low-turnover funds generally are better bets for copycatting, since they're slower-moving targets.
These are the paper profits on positions that haven't been sold, the downside to low-turnover funds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com