The basic premise of mutual funds is straightforward: Investors pool their money, and the fund invests in stocks, bonds, government securities or a combination of such assets.
In violation of basic legal principles, settlement funds are to be distributed in small portions to all who had the potential to be harmed, not in proportion to actual damages.
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As corporations make headlines for hiding expenses and furnishing execs with gilded trash cans, mutual funds keep even basic investor information secret, such as how much fund company executives earn and whether fund managers personally invest anything in the funds they oversee.
The trust funds do not provide basic support but do provide supplemental help by paying for comforts and luxuries that could not be paid for by public assistance funds.
Many mutual funds use relative strength as a basic component of their screens, and Value Line includes it in their secret ranking system for stocks.
Ms Bailyn approvingly notes the recent decision by America's National Science Foundation, which funds a big chunk of the universities' basic research, to allow grant recipients to take a break.
The next 40 pages explains some basic investments, like bonds, commercial paper and money market funds.
Some might also argue that there would be an infringement of basic liberties, if companies were restricted in where they can place their funds.
Furthermore, the tax is considered to be disproportionate as funds could alternatively be raised by other means of budget attribution without affecting a basic freedom of the Treaty and, in any event, because the scope of the tax would be unrelated to the risks to be covered by the tax revenue raised.
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