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LPL Financial LLC raised its holdings in shares of First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB – Free Report) by 11.8% during the 4th quarter, according to the company in its ...
According to Sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the Macaulay's duration of the portfolio is four to seven years.
As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors ...
International Finance Corporation (IFC) has made its first investment in the Indian SME credit segment through an anchor investment in Alteria Capital’s Shorter Duration Scheme (SDS).
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.
The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital ...