Walmart had signed a non-disclosure agreement with Merrill Lynch, which was managing the 401(k) plan, so none of the 1.2 million workers in its plan could find out if Merrill was collecting distribution fees from the fund companies of the 10 funds it selected.
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It's that demand for a high return that is keeping the fund from investing in wine retailing and distribution in Asia, despite the fact that wine consumption has risen from 0.1 liter per person annually in 1987 to as much as 3 liters today.
This is because, in retail fund management, success usually turns on having a distribution network that can get the products into investors' hands.
An example is in order: You have an IRA at Mutual Fund Company A, and you take a rollover distribution, and you deposit the money into your IRA account at Brokerage B.
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YouTube ad revenues, donations and pledges from corporate sponsors, individual donations through the website, and proceeds from album sales and iTunes downloads will be donated for distribution by the Beirut-based Arab Fund for Arts and Culture and to cultural projects of the U.N.
In 2011 the fund lost money but still shoveled out a fat capital gain distribution.
For years, such companies were stigmatized as expensive to fund and operate, given the costs of manufacturing and retail distribution.
These include irregular capital calls, difficulties in forecasting the distribution of cash proceedings, and highly illiquid investments by the fund that can be difficult to value.
When a portfolio company of the fund is sold or goes public (usually several years after the fund makes its investment) at a profit to the investors, a distribution of cash (or stock if the company goes public) takes place.
He was commissioned to take the photographs by the Joint Distribution Committee, a relief organization that used them at the time for fund-raising purposes.
Starbucks has a distribution deal with Green Mountain Coffee, which remains under fire after hedge fund manager David Einhorn presented his case for shorting the stock.
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In 2007 the fund traded at a 50% premium to net asset value, in part due to their high distribution yield at the time.
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As of Aug. 31, the high-flying Amerindo Technology Fund posted a one-year return of 389%, but its shareholders could face a capital gains distribution of around 33% this year.
In January, the retiree contacted the mutual fund company involved for information about any capital gains paid in December and was told there had been a distribution, furthering confusing the investor.
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