Across
- 3. The current market value of the securities contained in the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding. abbreviation)
- 7. A service provided by an investment company in which shareholder income dividends and capital gain distributions are automatically reinvested to purchase additional shares of the fund.
- 9. A mutual fund in which investors pay a commission (as high as 8 1/2 percent) every time they purchase shares.
Down
- 1. The payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio.
- 2. All the different management fees and fund's operating costs.
- 4. A fee that an investment company levies to defray the costs of advertising and marketing a mutual fund.
- 5. The earnings a fund pays to shareholders from its dividend and interest income.
- 6. An investment chosen by people who pool their money to buy stocks, bonds, and other financial securities selected by professional managers who work for an investment company.
- 8. A mutual fund in which the individual investor pays no sales charge.