Shares, when sold, may be worth more or less than their original cost. The return and principal value of mutual funds fluctuate with changes in market conditions. Balanced funds tend to be less volatile than stock-only funds. B Balanced Mutual Fund A mutual fund whose objective is a balance of stocks and bonds. The audit is done to determine the records' accuracy, consistency, and conformity to legal and accounting principles. Audit The examination of the accounting and financial documents of a firm by an objective professional. Asset Class A category of investments with similar characteristics. Asset allocation does not guarantee against loss it is a method used to help manage investment risk. This process is usually done using the historical performance of the asset classes within sophisticated mathematical models. Asset Allocation The process of repositioning assets in a portfolio to maximize potential return for a particular level of risk. Asset Anything owned that has monetary value. Any guarantees are contingent on the claims-paying ability of the issuing company. Annuity contracts are usually purchased from banks, credit unions, brokerage firms, or insurance companies. Annuity An insurance-based contract that provides future payments at regular intervals in exchange for current premiums. People must calculate their taxes both ways and pay the greater of the two. This was intended to ensure that individuals, trusts, and estates that benefit from tax preferences do not escape all federal income tax liability. Alternative Minimum Tax A method of calculating income tax that disallows certain deductions, credits, and exclusions. Be sure to read the prospectus carefully before deciding whether to invest. The prospectus, which contains this and other information about the investment company, can be obtained from your financial professional. Please consider the investment objectives, risks, charges, and expenses carefully before investing. Investments seeking to achieve higher returns also involve a higher degree of risk. Aggressive Growth Fund A mutual fund whose primary investment objective is substantial capital gains. After-Tax Return The return from an investment after the effects of taxes have been taken into account. Administrator A person appointed by the court to settle an estate when there is no will. It is computed by subtracting certain allowable adjustments from gross income. It does not store any personal data.A Adjusted Gross Income (AGI) An interim calculation in the computation of income tax liability. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. ![]() The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Distribution Integrity Management Program (DIMP).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |