Re: Redemtion vs. distribution

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In Reply to: Redemtion vs. distribution posted by Harry on May 03, 2005 at 10:10:56:

: 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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