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With a mutual fund, what happens to the fund when a company in the fund issues spinoff stock?

2007-09-17 11:36:00 · 1 answers · asked by Anonymous in Business & Finance ➔ Investing

1 answers

It doesn't concern you. The fund gets the spin-off stock, which the manager may sell or keep. That's why you have a mutual fund with professional management.

2007-09-17 11:40:43 · answer #1 · answered by Ted 7 · 0⤊ 1⤋

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