TITLE

financial FOCUS. Distribution Funds

AUTHOR(S)
JONES, DANIEL C.
PUB. DATE
July 2012
SOURCE
PN;Jul2012, Vol. 66 Issue 7, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses distribution funds and its function s. It says that distribution funds are mutual funds that are actively managed and focus on making regular scheduled payments to investors. It mentions that distribution funds are designed like a systematic withdrawal plan wherein its annual payout is divided into equal monthly or quarterly payments. Moreover, distribution funds did not offer guarantees of payout levels while annuities do.
ACCESSION #
76502333

 

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