Assume an investor owns shares at the close of business on September 19, 2008 in a specific fund that is participating in the Program. What happens if the investor transfers funds from the specific fund held on September 19, 2008 to another fund that is also participating in the Program?
The program provides a guarantee based on the number of shares held in a specific fund at the close of business on September 19, 2008. Any contribution after the close on September 19, 2008 to another fund that is participating in the program even one that is in the same fund family will not be covered. Assume an investor owns shares at the close of business on September 19, 2008 in a specific fund that is participating in the Program. Assume that after the close on September 19, 2008 the investor transfers funds from the specific fund held on September 19, 2008 to another fund. Can the investor now transfer funds back to the original fund held on September 19, 2008 and still be covered? What happens if the investor transfers all of his funds and the balance goes to zero? The program provides a guarantee based on the number of shares held in a specific fund at the close of business on September 19, 2008. The number of shares held by the investor in a specific fund may fluctuate includi
Related Questions
- Assume an investor owns shares at the close of business on September 19, 2008 in a specific fund that is participating in the Program. What happens if the investor transfers funds from the specific fund held on September 19, 2008 to another fund that is also participating in the Program?
- What happens if the number of shares an investor holds in a specific fund decreases below the level held at the close of business on September 19, 2008?
- What happens if the number of shares an investor holds in a specific fund increase above the level at the close of business on September 19, 2008?
