capital gains distribution

Definition

Per share distribution of capital gains by a mutual fund (unit trust). Shareholders (unit holders) of the fund are taxed on this profit not on the basis of their participation in the fund, but for how long the securities (on the sale of which capital gain was realized) were held prior to their sale. Investors who join a fund just before a capital gains distribution was made (usually once or twice a year) are usually liable for tax on a profit they never made.

单词	capital gains distribution
释义	capital gains distribution Definition Per share distribution of capital gains by a mutual fund (unit trust). Shareholders (unit holders) of the fund are taxed on this profit not on the basis of their participation in the fund, but for how long the securities (on the sale of which capital gain was realized) were held prior to their sale. Investors who join a fund just before a capital gains distribution was made (usually once or twice a year) are usually liable for tax on a profit they never made.
随便看	summary account summary annual report summary conviction offense summary judgment summary offense summary of significant accounting policies (SSAP) summary plan description summary possession summary possession action summary proceeding summative evaluation summons sum of squares sum of the digits method sum of the parts valuation sum of the years digits (SYD) depreciation sum of years digits method sum payable sumptuary sundry creditors sundry debtors sundry expenses sundry income sunk cost sunk cost bias