Series 66: 5.1.2.2.3. Timing Mutual Fund Purchases

Taken from our Series 66 Online Guide

5.1.2.2.3. Timing Mutual Fund Purchases

When a fund pays a distribution, the NAV per share decreases by the amount of the distribution. After the distribution, the value of the fund stays the same, but investors in the fund are required to pay taxes on the distributed portion. Many funds pay distributions annually. If an investor purchases shares ri

+ Read More

More Series 66 Info

What are people saying?

Create an Account

Since you're reading about Series 66: 5.1.2.2.3. Timing Mutual Fund Purchases, you might also be interested in:

Series 66 - Chapter Four

Series 82 - 4.2. Interfering with Customer Account Transfers

Series 66 - 2.4.16.1.1. Government-Sponsored Enterprises (GSEs)

Series 66 - Exercise

Series 24 - 3.8.1.4. Types of Mutual Fund Shares

Series 14 - 8.4. Anti–Money Laundering Rules

Series 24 - Member Firm Email Notification Contact Form

Series 50 - Tender Options

Series 26 - Capital Compliance Rule

Series 27 - Tentative Net Capital

Series 54 - Continuing Education Requirements for Covered Persons

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I purchased Solomon Exam Prep to get a leg up on the S66 exam. I had taken it a few times already missing it by 1-2 points. A friend of mine enrolled on the test site and passed it on the first try. We did share notes while she was studying. It was then I realized Solomon has something the other test prep companies did not have, which helped me get over the hump. I will recommend it to anyone who really want to pass it the first time up!

Dany H. First Command Norfolk, VA

I passed my Series 66, 1st try. Your audiobook was the game changer for me. Thank you!

S Stephens, Merrill Lynch. Orlando, FL

Passed the Series 66 on my first attempt. I thought the exam simulator was perfect. The material gave me the confidence I needed going into test day. I will only use Solomon for any other exams I take in the future. Thank you!

Brendan Halick, David White & Associates, Walnut Creek, CA

I passed the Series 66 today with an 85%. Your book and PDF test questions were great, and turned out to be the only study material I needed to pass the test on the first try. I'll look to you again when I need my Series 7. Thanks!

Joshua Reeves, San Diego, CA

Thanks to you guys, I passed my Series 7 the first time around on Tuesday the 21st. The information given was not only accurate but easy to absorb due to the way the material was set up in your course. I will back to study the Series 66 with you.

Albert Jose, AXA Advisors, Menifee, CA

I could not have passed [the Series 66] without your very comprehensive program. Thanks!

Arthur Almassy, Scottsdale, AZ