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Do mutual fund shares ever split 2024?

Julian Gonzales | 2023-05-07 11:58:17 | page views：1850
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Benjamin Taylor

Works at the International Energy Agency, Lives in Paris, France.
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.
2023-05-15 11:58:17
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Scarlett Lee

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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