What does it mean when a fund is in liquidation 2024?
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Works at the United Nations High Commissioner for Refugees (UNHCR), Lives in Geneva, Switzerland.
Mutual fund liquidations, also referred to as "full closures," are never good news. Liquidation involves the sale of all of a fund's assets and the distribution of the proceeds to the fund shareholders. At best, it means shareholders are forced to sell at a time not of their choosing.
2023-05-09 11:58:06
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Ethan Anderson
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Mutual fund liquidations, also referred to as "full closures," are never good news. Liquidation involves the sale of all of a fund's assets and the distribution of the proceeds to the fund shareholders. At best, it means shareholders are forced to sell at a time not of their choosing.