Say of the Day

https://www/mjfgroup.biz/dailyquote/wearewhatwerepatedlydoWe are what we repeatedly do. Excellence, then, is not an act, but a habit.
– Aristotle

 

Daily Quote

Quote

https://www.mjfgroup.biz/dailyquote/alwayskeepeyesopen     Always keep your eyes open. Keep watching. Because whatever you see can inspire you.

 

 

 

 

Grace Coddington     https://www.mjfgroup.biz/dailyquote/grace
Stylist
Grace Coddington is a former model and the creative director of American Vogue magazine.

Term of the Day

 https://www.mjfgroup.biz/dailyquotesWhat is an Investment Fund?

An investment vehicle managed by finance professionals that raises capital by selling shares (called units) in a chosen and balanced set of securities to the public.

A mutual fund’s capital is invested in a group (portfolio) of corporate securities, commodities, options, etc., that match the fund’s objectives detailed in its prospectus. The level of a mutual fund’s income from its portfolio determines the daily market value (called net asset value) at which its units are redeemable on any business day, and the dividend paid to its unit holders. Mutual funds are of two main types: (1) open end fund, where the capitalization of the fund is not fixed and more units may be sold at any time to increase its capital base, (2) closed end fund, where capitalization is fixed and limited to the number of units authorized at the fund’s inception (or as formally altered thereafter). Mutual funds usually charge a management fee (typically between 1 and 2percent of the fund’s annual earnings) and may also levy other fees and sales commission (called ‘load‘) if units are bought from a financial advisor. The term mutual fund, used mainly in the US, has no legal bearing, and may be referred to as unit investment trust or a unit trust in the UK and other British Commonwealth countries.

Click to following link for a complete list of mutual funds.

 

Read more: http://www.businessdictionary.com/definition/mutual-fund.html#ixzz3gcjf0FwL

 

 

Daily Post

There’s no shortage of remarkable ideas, what’s missing is the will to execute them.

Seth Godin
Entrepreneur   https://www.mjfgroup.biz/dailyquotes
Seth Godin is an American author, entrepreneur, marketer, public speaker, and founder of squidoo.com.

Daily Quote

A man should never neglect his family for business.
Walt Disney
Author
Walt Disney was an American motion-picture and television producer and showman, famous as a pioneer of cartoon films and as the creator of Disneyland.

 

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