Ginnie Mae mutual fund

Ginnie Mae Mutual Fund

A mutual fund that invests exclusively in mortgage-backed securities issued by Ginnie Mae. The returns on Ginnie Mae mutual funds vary according to the interest rates currently being paid on the mortgages underlying the MBSs. Ginnie Mae mutual funds are relatively low-risk, as Ginnie Mae mortgages are guaranteed or insured by various branches of the U.S. government. Additionally, each mutual fund contains many Ginnie Mae mortgages, reducing the investor's exposure to prepayment risk. Some buy shares in Ginnie Mae mutual funds simply because they are available in smaller denominations than the individual MBSs underlying them.

Ginnie Mae mutual fund

A mutual fund that invests exclusively in Ginnie Mae certificates and passes through the interest payments to owners of the fund's shares. Because the fund continually invests in new certificates, the yield on the fund varies over time. In addition, the value of a fund will change as long-term interest rates change. The primary advantage of buying a fund over buying Ginnie Mae certificates directly is that the fund is sold to investors in smaller denominations. Furthermore, a fund's investments are spread over a large number of certificates so that prepayment of principal is not as much of a problem. The main disadvantage of a fund is that it may entail a sales fee of from 4 to 6% of the amount invested and will charge an annual investment fee.

单词	ginnie mae mutual fund
释义	Ginnie Mae mutual fund Ginnie Mae Mutual Fund A mutual fund that invests exclusively in mortgage-backed securities issued by Ginnie Mae. The returns on Ginnie Mae mutual funds vary according to the interest rates currently being paid on the mortgages underlying the MBSs. Ginnie Mae mutual funds are relatively low-risk, as Ginnie Mae mortgages are guaranteed or insured by various branches of the U.S. government. Additionally, each mutual fund contains many Ginnie Mae mortgages, reducing the investor's exposure to prepayment risk. Some buy shares in Ginnie Mae mutual funds simply because they are available in smaller denominations than the individual MBSs underlying them. Ginnie Mae mutual fund A mutual fund that invests exclusively in Ginnie Mae certificates and passes through the interest payments to owners of the fund's shares. Because the fund continually invests in new certificates, the yield on the fund varies over time. In addition, the value of a fund will change as long-term interest rates change. The primary advantage of buying a fund over buying Ginnie Mae certificates directly is that the fund is sold to investors in smaller denominations. Furthermore, a fund's investments are spread over a large number of certificates so that prepayment of principal is not as much of a problem. The main disadvantage of a fund is that it may entail a sales fee of from 4 to 6% of the amount invested and will charge an annual investment fee.
随便看	srxy1 srxy6 sry sry-box 13 sry-box 14 sry-box 18 sry-box 21 sry-box containing gene 6 sryc sr-y gene sry gene srym srym datov sryp sryr sry-related hmg-box gene 1 sry-related hmg-box gene 10 sry-related hmg-box gene 11 sry-related hmg-box gene 13 sry-related hmg-box gene 2 sry-related hmg-box gene 22 sry-related hmg-box gene 4 sry-related hmg-box, gene 9 sry-related hmg-box transcription factor sox17 srysc