Purchase Fund

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Dictionary Says

Definition of 'Purchase Fund'

A feature of some bond indentures and preferred stock that requires the issuer to make an effort to purchase a specified amount of securities if they fall below a stipulated price (usually par value).
Investopedia Says

Investopedia explains 'Purchase Fund'

A purchase fund is similar to a sinking-fund provision. It can be an advantage to investors if the fund is trading below par value, because the company must pay par to repurchase the bonds.

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'Purchase Fund'

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    ... This means that any fund shares sold prior to 90 days after an initial purchase
    in the fund would be, for example, subject to a 1% charge. ...

  • 5 Ways To Fund Your Retirement

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    5 Ways To Fund Your Retirement. ... Retirees often take the money they saved up during
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  • What was the first mutual fund?

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    ... The new closed-end fund allowed potential investors to purchase shares in
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  • What do the different types of mutual fund classes mean?

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    ... When you are looking to purchase a new fund, it's definitely important that you
    understand the load structure and availability of different classes. ...

  • Series 26 Study Guide - Investment Companies - Structure ...

    http://www.investopedia.com/exam-guide/series-26/investment-companies/management-mutual-funds.asp
    ... The sponsor has a written contract with the investment company that allows it to
    purchase fund shares at the current net asset value and resell the shares to ...

  • How To Invest Like A Hedge Fund

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    ... brokers, depending on which offers the best commission, the best execution or other
    services to assist the hedge fund. Funds may also purchase a security on ...

  • Series 6 Study Guide - Investment Companies - Structure ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-companies/structure-management-mutual-funds.asp
    ... The sponsor has a written contract with the investment company that allows it to
    purchase fund shares at the current net asset value and resell the shares to ...

  • What Does Your Mutual Fund Say About You?

    http://www.investopedia.com/articles/mutualfund/08/acting-in-interest.asp
    ... April 07 2012 | Filed Under ยป Mutual Funds. When you purchase a mutual fund, you
    delegate the voting authority on the shares of underlying companies in the ...

  • Series 7 Study Guide - Portfolio Management - Mutual Fund Analysis ...

    http://www.investopedia.com/exam-guide/series-7/portfolio-management/mutual-fund-analysis.asp
    ... or they impose account fees on investors who do not maintain a certain threshold
    balance, or they have purchase fees which are paid to the fund family rather ...

  • Dissecting The Bear Stearns Hedge Fund Collapse

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    ... When you net out the cost of the leverage (or debt) to purchase the 'AAA' rated ... of
    return, which is often referred to as "positive carry" in hedge fund lingo. ...

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