Business / Taxes / Tax-Efficient Funds: When a mutual fund minimizes the income earnings and capital gains it distributes to its shareholders, it may be described as a tax-efficient fund. In general, the smaller a fund's turnover, or the less buying and selling it does, the more tax-efficient it has the potential to be. That's one reason why index funds, which buy and sell investments only when the composition of the index they track changes, are generally tax-efficient. In addition to reducing turnover, actively managed funds may increase tax efficiency by emphasizing investments expected to grow in value over those that produce current taxable income, or yield. And they may postpone the sale of certain investments until they qualify as long-term capital gains, making them subject to a lower tax rate. Funds that emphasize tax efficiency generally include that goal in their statement of investment objectives.
Funds Noun Synonyms: money, (hard) cash, ready money, assets, means, wealth, resources, wherewithal, savings, capital, nest egg, endowment, loot, lucre, pelf, green, bread, dough, ready, readies, lolly, bucks, scratch
Business / Real Estate / Pension Funds: Pension funds usually have large amounts of money available for investment. Because of the comparatively high yields and low risks offered by mortgages, pension funds have begun to participate activel MORE
Life Style / College / Refunds: Greenville Technical College will refund a portion of tuition paid by students who withdraw from courses by specified dates. The schedule of dates, the percentage of tuition eligible to be refunded, a MORE