Mutual fund cash to assets ratio

 

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Mutual fund cash to assets ratio

The portion of the assets of a mutual fund which exists in cash instruments.



Mutual fund cash to assets ratio

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No load mutual fund

No load mutual fund

An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee.


International mutual fund

International mutual fund

A mutual fund that invests strictly in securities markets throughout the world, excluding the United States. A global fund, on the other hand, invests in both foreign and domestic securities.


Specialised mutual fund

Specialised mutual fund

See: 'sector fund'.


Demutualise

Demutualise

The process by which building societies and mutual insurers convert themselves from mutual organisations (owned by their members/customers) to profit-making companies which distribute profits to their shareholders.


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Council for Mutual Economic Assistance

An international organization formed in 1956 among the Soviet Union and other Communist countries to coordinate economic development and trade. It was disbanded in 1991. Also known as COMECON.


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