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what is capital redemption insurance business

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Posted by sandeep on September 16, 2005 at 01:08:50:

In Reply to: Re: Redemtion vs. distribution posted by Mark on May 03, 2005 at 10:20:44:

: : In FM, what is the difference between a distribution and a redemption?

:
: Hi Harry,

: A redemption is a "sell", when you sell some shares you owned. A distribution is a payment received for a dividend, capital gain, interest, etc. You retain the same number of shares after receiving a distribution.

: Thanks,
: Mark
: --
: Mark Beiley
: Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003
:




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