Assertion: fund | /r/CapableOf | lend its portfolio securities
Facets:
value: to broker-dealers
type: TRANSITIVE-OBJECT
value: typically
type: DEGREE
Source sentences:
text: When a fund lends its portfolio securities, the voting rights and the right to dividends and other distributions on the loaned securities transfer to the borrower until the loan is terminated and the securities are returned to the fund.
text: Funds that engage in securities lending typically lend their portfolio securities to broker-dealers which, in turn, generally relend the securities to hedge funds and other market participants looking to implement various investment strategies.