Examlex

Solved

Many Mutual Fund Families Often Offer Their Funds with Three

question 40

Multiple Choice

Many mutual fund families often offer their funds with three share classes: A, B, and C. Which of the below correctly describes these three classes?


Definitions:

Declaration of Dividends

The formal announcement by a company's board of directors to distribute profits to shareholders, specifying the dividend amount and payment date.

Liquidating Dividend

A type of dividend paid by a company from its capital base, essentially returning part of the investors' original investment.

Paid-in Capital

Funds raised by a company through the issuance of shares to investors, representing the capital provided by shareholders through direct investments or share purchases.

Par Value

The face value of a bond or stock as stated on the certificate or document, distinct from its market value.

Related Questions