http://weakonomics.com/2009/08/03/what-happens-when-a-mutual-fund-goes-out-of-business-2/ Everything That's Wrong With You And Your Money Wed, 23 May 2012 01:09:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://weakonomics.com/2009/08/03/what-happens-when-a-mutual-fund-goes-out-of-business-2/comment-page-1/#comment-5601 Anonymous Fri, 13 May 2011 09:54:00 +0000 http://weakonomics.com/?p=2710#comment-5601 It was a awe-inspiring post  and it has a significant meaning and thanks for sharing the information.Would love to read your next post too...... Thanks Regards <a title="Stock Market" rel="nofollow"><b>Stock Market</b></a> It was a awe-inspiring post  and it has a significant meaning and thanks for sharing the information.Would love to read your next post too……
Thanks
Regards
Stock Market

]]> http://weakonomics.com/2009/08/03/what-happens-when-a-mutual-fund-goes-out-of-business-2/comment-page-1/#comment-3126 Are You Considering Filing For Bankruptcy? | Refinancing Home Mortgage Loan Thu, 15 Oct 2009 18:43:01 +0000 http://weakonomics.com/?p=2710#comment-3126 [...] What Happens When a Mutual Fund Goes Out of Business? Like any business, times can get tough. Once a company has more money going out than in, it must decide whether or not to go out of business. Mutual funds are no different. As an investor in mutual funds, you are technically a shareholder in the company (as opposed…… [...] [...] What Happens When a Mutual Fund Goes Out of Business? Like any business, times can get tough. Once a company has more money going out than in, it must decide whether or not to go out of business. Mutual funds are no different. As an investor in mutual funds, you are technically a shareholder in the company (as opposed…… [...]

]]> http://weakonomics.com/2009/08/03/what-happens-when-a-mutual-fund-goes-out-of-business-2/comment-page-1/#comment-3124 Using Mutual Funds That Match Your Personal Needs | Mortage Refinance Advice Thu, 15 Oct 2009 16:32:45 +0000 http://weakonomics.com/?p=2710#comment-3124 [...] What Happens When a Mutual Fund Goes Out of Business? Like any business, times can get tough. Once a company has more money going out than in, it must decide whether or not to go out of business. Mutual funds are no different. As an investor in mutual funds, you are technically a shareholder in the company (as opposed…… [...] [...] What Happens When a Mutual Fund Goes Out of Business? Like any business, times can get tough. Once a company has more money going out than in, it must decide whether or not to go out of business. Mutual funds are no different. As an investor in mutual funds, you are technically a shareholder in the company (as opposed…… [...]

]]> http://weakonomics.com/2009/08/03/what-happens-when-a-mutual-fund-goes-out-of-business-2/comment-page-1/#comment-2785 Chris Sat, 08 Aug 2009 22:39:08 +0000 http://weakonomics.com/?p=2710#comment-2785 Don't forget distribution in kind. This is rare and usually applies to those with large balances (such as business accounts), but the mutual fund company can essentially transfer over to you a proportional share of the various assets in the fund. So you would get 5 shares of MSFT, 7 shares of INTC, 100,000 of the 3month t-bill, etc. Doesn't happen often but when a BofA enhanced Money Fund was closed, anyone with more then $1 million received a distribution in kind of all the assets. Don’t forget distribution in kind. This is rare and usually applies to those with large balances (such as business accounts), but the mutual fund company can essentially transfer over to you a proportional share of the various assets in the fund. So you would get 5 shares of MSFT, 7 shares of INTC, 100,000 of the 3month t-bill, etc. Doesn’t happen often but when a BofA enhanced Money Fund was closed, anyone with more then $1 million received a distribution in kind of all the assets.

]]>