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POP-NAV/ POP
The difference between two numbers divide by the result into the nigger number |
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buying and selling of govt securities
-- controls the supply of money and the rate of interest |
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| dollars buy the same amt of goods and services |
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| A security that has been registered as to both principal and interest. Such securities are payable only to the owner, or to order of the owner, whose name is noted on records of the issuer or its agent |
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-changes in investment policies and objections
-approval of investment advisor contract
-approval of and discontniation of 12b-1 fees
-elections of board members |
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| is the funds dividens and interest minus the operating expenses |
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| Conversion Privilege on insurence contracts |
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| Variable contracts owners can convert their policy to whole life within two yrs from the date of issuance, often without presenting edvience of insurability |
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| pass feee od taxtion to the beneficiary |
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