The bigger the duration number, the greater the interest rate risk. An option enabling mutual fund shareholders to transfer their investment from one fund to another within the same fund family as their needs or objectives change. A fund's cost of doing business which appears in the prospectus and annual report as a percentage of assets. The stock of companies whose earnings per share are expected to grow faster than its competitors' earnings per share. In contrast to capital gains distributions , these are paid from the dividends and interest earned, if any, on the securities held by the fund, after expenses.
Mutual funds are a common investment choice for IRAs.
A means of moving assets from one tax-sheltered retirement plan to another. A corporation, trust, or partnership that invests the pooled money, or investments, of shareholders in securities appropriate to the fund's objective. The amount paid by a mutual fund to the investment adviser for its services. The market value of one share of a mutual fund. The price of a stock divided by its earnings per share.