Liquidating a mutual fund

Performance quoted represents past performance, which is no guarantee of future results.Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold.Early 2001 witnessed the end of the line for Tennessee-based retailer Service Merchandise, a 42-year-old chain of catalog showrooms that proved unable to compete with large discounters such as Wal-Mart.

Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Liquidating a position may simply mean selling stock or bonds; the seller in this case receives the cash.For information about the data provided, please review the Disclaimer statement.What are the pros and cons of stock mutual funds and should you invest in them?If you are an investment advisor and have questions regarding platform availability, please call 800-997-7327. To Purchase by wire You may make initial or subsequent investments by wiring federal funds to State Street, as Transfer Agent by: 1.Telephoning the Customer Service Department at 1-800-647-7327 between a.m.