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Do mutual funds have splits 2024?

Felix Wilson | 2023-05-07 11:58:04 | page views：1839
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Lucas Clark

Works at the International Monetary Fund, Lives in Washington, D.C., USA.
Share splits can and do happen in the world of mutual funds. But they don't occur very often and are virtually meaningless exercises for shareholders. A share split has no economic effect on a fund's shares. It just doubles, triples or quadruples the number of shares, thereby lowering the net asset value, or NAV.
2023-05-13 11:58:04
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William Baker

QuesHub.com delivers expert answers and knowledge to you.
Share splits can and do happen in the world of mutual funds. But they don't occur very often and are virtually meaningless exercises for shareholders. A share split has no economic effect on a fund's shares. It just doubles, triples or quadruples the number of shares, thereby lowering the net asset value, or NAV.
Do Mutual Funds Ever Split Their Shares? - TheStreet
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