| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
This is elementry question and maybe it it explained somewhere in these
files. If so, please direct me to them.
My question is:
How do you interrupt the Mutual Fund standings that appear
in the newspapers?
Pretty simple stuff, but what does all those letters mean?
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 207.1 | Simple Explanation | STAR::BOUCHARD | The enemy is wise | Thu May 21 1992 17:26 | 12 |
There should be a "key" in the newspaper which describes the basics.
But, for example (with made-up numbers)
Fidelity Investments
AMgr 10.54 NL +.10
Mgln 36.23 37.34 +.45
"AMgr" is the abbreviation for the fund name (Asset Manager)
The two columns list the buy/sell price of one share of the fund.
"NL" means the fund has no sales load, so the buy and sell prices
are the same. The "+.10" is the change in NAV for the day.
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