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Re: what is capital redemption insurance business

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Posted by Faith on September 16, 2005 at 23:37:06:

In Reply to: what is capital redemption insurance business posted by sandeep on September 16, 2005 at 01:08:50:

The technical support person (Mark) is currently out of the office,
and will be returning Thursday, September 22nd. He will reply to your
posting when he returns.

We apologize for any inconvenience this may cause.

Thanks,
Faith

: : : 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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