Jan 21, 2004 08:55
20 yrs ago
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English term
discount accruals and capital changes
English
Bus/Financial
Bond fund
"The strategy of the Fund is to provide investors with high total return consistent with prudent investment management comprising a combination of interest, dividends, discount accruals and capital changes"
Responses
5 | various types of income | Ralf Lemster |
Responses
2 hrs
Selected
various types of income
There are various ways in which a bond fund can generate income - in addition to periodical payments (dividends and interest), this can include gains on discounted instruments (such as zero-coupon bonds), which accrue over time, and income generated from capital changes or rights issues.
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