• News
  • Politics
  • Research & Analysis

Bbtex Fund - How Mutual Fund Works

402Shares
40.1KViews

In this article, we will talk about a mutual fund called Bbtex fund and the things you need to know about this. A mutual fund is an investment fund that is professionally managed and pools money from many investors to purchase securities.

The term is commonly used in the United States, Canada, and India, while similar structures around the world include the SICAV ('investment company with variable capital') in Europe and the open-ended investment company (OEIC) in the United Kingdom.

Money market funds, bond or fixed income funds, stock or equity funds, and hybrid funds are the most common types of mutual funds. Index funds are passively managed funds that track the performance of an index.

Things such as a stock market index or bond market index, while actively managed funds seek to outperform stock market indices but generally charge higher fees. Mutual funds are classified into three types: open-end funds, closed-end funds, and unit investment trusts.

Open-end funds are purchased or sold to the issuer at the net asset value of each share as of the close of trading on the trading day in which the order was placed, as long as the order was placed within a certain time frame before the close of trading. They can be traded with the issuer directly.

COPYRIGHT_GPOT: Published on https://gpotcenter.org/bbtex-fund/ by - on 2022-10-13T12:33:06.803Z

Bbtex Facts

People discussing with some documents
People discussing with some documents

Distributions

  • YTD Total Return - 0.0%
  • 3 Yr Annualized Total Return - 3.9%
  • 5 Yr Annualized Total Return - 0.6%
  • Capital Gain Distribution Frequency - Annually
  • Net Income Ratio - 0.46%
  • Dividend Yield - 0.0%
  • Dividend Distribution Frequency - Annually

Fund Details

  • Legal Name - BBH Core Select Fund
  • Fund Family Name - BBH
  • Inception Date - Nov 02, 1998
  • Shares Outstanding - N/A
  • Share Class - N
  • Currency - USD
  • Domiciled Country - United States

It is difficult to quantify the importance of mutual fund affiliation with distributors for mutual fund flows because a clean identification strategy that allows for causal interpretation and separates out alternative reasons for fund choices is required.

To address this issue, we use unique Danish data that show exogenous variation in investors' exposure to mutual funds. Banks are the primary sellers of mutual funds in Denmark, as is the case throughout Europe.

2 banks enter into distribution agreements with specific mutual funds, resulting in different banks being affiliated with different funds and competing for fund inflows. We investigate what happens to individual investors' mutual fund flows after they are forced to switch banks due to an exogenous reason.

Their original bank abruptly ceases to exist following the 2008 financial crisis. Customers who switch banks will be presented with information about their new bank's affiliated funds because their new bank has a financial incentive to direct their investors to their affiliated funds.

Evidence in favor of common time trends in fund flows would suggest that shared changes in bank affiliation are more important than individual characteristics in explaining fund reallocation.

It is important to note that in our example, customers who were forced to switch banks did not have to move their mutual fund holdings.

In Denmark, mutual funds are separate legal entities that enter into distribution agreements with banks; nothing prevents customers from keeping their holdings even after switching banks, as funds affiliated with their previous banks continue to operate normally.

People Also Ask

What Is Meant By Mutual Funds?

A mutual fund is a pool of money that is professionally managed by a Fund Manager. It is a trust that collects money from a group of investors with similar investment goals and invests it in stocks, bonds, money market instruments, and/or other securities.

What Are The 4 Types Of Mutual Funds?

Most mutual funds are classified into one of four types: money market funds, bond funds, stock funds, and target date funds. Each type has distinct characteristics, risks, and rewards.

Is Mutual Fund Safe?

Mutual funds are generally regarded as safe investment that allows investors to diversify with little risk. However, there are times when a mutual fund is not a good choice for a market participant, particularly when it comes to fees.

Final Words

However, funds affiliated with the customers' old banks did not have distribution agreements with their new banks, making this an ideal setup to study the importance of being affiliated with a distributor for mutual funds.

Share: Twitter | Facebook | Linkedin

Recent Articles

  • The Political System Of Kenya - One Of The Best In Africa

    Politics

    The Political System Of Kenya - One Of The Best In Africa

    It has served as the financial and communications center of East Africa, the headquarters of numerous international nongovernmental organizations, and a tourism hotspot. The political system of Kenya could be one of the best in Africa.

  • How Media In Politics Work? Analysis Of The Effect Of Mass Media In Political Reality

    Politics

    How Media In Politics Work? Analysis Of The Effect Of Mass Media In Political Reality

    Politicians and political parties therefore pay close attention to their media appearances and how the media covers them when they make public appearances. Lets go inside the effect of media in politics.

  • Scientists Who Become Politicians That Succeeded In Politics
  • The Geopolitics Of Jewels - The Use Of These Areas For Political Gain

    Politics

    The Geopolitics Of Jewels - The Use Of These Areas For Political Gain

    Global events that are happening right now have a direct and immediate impact on the diamond and jewelry businesses, this is the geopolitics of jewels.

  • Best Series About Politics That You Should Watch

    Politics

    Best Series About Politics That You Should Watch

    Political ads attacking each other, laws restricting access to fundamental human needs, and foreign relations issues combined with the rising domestic issues at home make reality a bit tough to live at times. Sometimes, the greatest thing to do to escape reality totally is to jump in and immerse into another one like series about politics.

  • Great Actors Who Become Politicians - From Hollywood To Washington

    Politics

    Great Actors Who Become Politicians - From Hollywood To Washington

    As the elections in 2024 approach, the political climate in the United States is heating up; therefore, it's time to recognize those fellow actors who become politicians and made move from Hollywood to Washington.

  • Commission Free Forex Trading Forum - Be Part Of The Trading Community

    Research & Analysis

    Commission Free Forex Trading Forum - Be Part Of The Trading Community

    Many people are curious about commission and commission free forex trading forum. Forums provide users with the opportunity to become a part of a community in which they can exchange ideas and can be an excellent resource for the trading of questions. Those individuals are interested in locating the most effective forex trading forums. In this post, I will provide a list of what I consider to be the most helpful and informative forex trading forums that are currently available.

  • 180 Tips - Familiarizing Sport Betting And Its Legality

    News

    180 Tips - Familiarizing Sport Betting And Its Legality

    In the world of football, betting is a popular thing to do. The 180 Tips is one of the best football prediction sites if you want to find sites that correctly predict football games. But if you know a lot about how politics works, you might ask these questions: Is it legal to bet on sports like 180 tips and in what states is it against the law to bet on sports?

  • Republicans Face A New Reckoning Over What GOP House Leader

    Politics

    Republicans Face A New Reckoning Over What GOP House Leader

    The Republicans face a new reckoning over what GOP house leader and also face a new moment of truth because of the attack on the Capitol on January 6. It comes after two private audio conversations with House Republican Leader Kevin McCarthy were made public, including a new one in which McCarthy says Trump admitted some blame for the insurrection. During a call on January 11, 2021, McCarthy is heard telling the House Republican conference.

  • Dr. Sylvia Tiryaki - Deputy Director And Co-founder Of GPoT

  • Speech To The Young Speech To The Progress - Toward Analysis

  • Political Trends In Entrepreneurship - How Does Politics Shape Business?

  • Real-time Progress Reporting - Advanced Project-tracking Software

  • Asset Management System Project Report - What To Put In The Report?