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To commit to purchase securities issued at an initial public offering (IPO). This represents an agreement of intent to buy the...

Subscription

A commitment by investors to purchase securities issued at an initial public offering (IPO). This represents an agreement of intent to...

Mutual Fund

A financial vehicle (investment fund) that pools contributions from many- or large number of- investors for the purpose of investing...

Class “C” Shares

A category of mutual fund shares which carries a small front-end sales charge and small redemption fees, but a larger...

Class “B” Shares

A category of mutual fund shares which charges no load fee, but imposes a redemption fee which decreases over time...

Class “A” Shares

A category of mutual fund shares which carries a front-end sales charge and usually impose an annual distribution fee (i.e.,...

Multicap Fund

A category of mutual funds (equity funds) that can invest across all levels of market capitalization, segments, and industries without...

Multi-Cap Mutual Fund

A category of mutual funds (equity funds) that can invest across all levels of market capitalization, segments, and industries without...

Multi-Cap Fund

A category of mutual funds (equity funds) that can invest across all levels of market capitalization, segments, and industries without...

Sinking Ship

A mutual fund that suffers a substantial outflow of funds because of its weak investment management and performance. The situation...