LOAD-ADJUSTED RETURN
The return on a mutual fund an investor actually sees, following the investment fees charged to sales shares of mutual funds shares are deducted from the investment returns. For instance, if an investor places $6,000 into a no-load mutual fund and earns a 10% return in the first year, he would earn $600 should he decides to cash out. But if the mutual fund has 2% front-end load to buy shares, he has lost $60 upon purchasing, leaving $5,940 for investing. And he would earn only $594 from the 10% return.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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