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What is federal fund? Is it more like money or mutual fund? |
What is federal fund? Is it more like money or mutual fund? No, it's nothing like a mutual fund. The Federal Funds Rate (as opposed to the "discount rate") is the Federal rate that banks charge other banks for overnight loans. The federal funds rate is the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions overnight. Current rate after the increase on Jan 31, 2006 is 4.50% |
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Convenience - if you buy thtrough a broker you can switch between funds from different fund families fast. ...Go to valueresearchonline.com register and put ur MF in ur portfolio and check it. ...I hope you don't keep your money in your mattress. Almost all open ended mutual funds, if not all, have web sites where you can down load the necessary application forms to invest in their fu... The Quantum Mutual Fund is operated by Quantum Asset Management Company Pvt. Ltd. Their address is: 107, 1st Floor, Regent Chambers, Nariman Point, Mumbai 400 021. Ph: 022 - 2283 0322 info@... This fund has declared a capital gains distribution of $1.59260, effective on 10/20/2006. The fund will trade without this distribution as of that date. ...No, this would mean it is a closed end mutual fund. An open mutual fund is open to sell more shares to investors, the shares are sold or redeeemed at net asset value. A closed fund , do not t... It depends what you mean by the best. If you like ETFs try India Fund Inc. (IFN) ...Mutual Fund Some or most mutual funds do not allow you to enter or exit except after the close of the trading day. In mutual funds, unless you give the orders, it is always "in" the ... |
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