The fee paid to the investment manager of a mutual fund for supervising the investment portfolio and administering the fund. The management fee is normally calculated as a percentage of the total assets of the fund. An investment strategy based on predicting market trends. The goal is anticipating trends, buying before the market goes up and selling before the market goes down. The price at which an investor will buy or sell a security at any given point in time.
Market value is determined by the interaction between buyers and sellers in the market.
Also known as current market value . The date on which a bond's principal is due and repaid to the investor. Many money market mutual funds offer checkwriting services to investors. Issuing agencies buy mortgages from lending institutions and repackage them as securities, which are then sold to investors. A debt security issued by any state or local government.