mutual fund prices

National Counties Building Society Offers Affordable Remortgage Package for 90% Loan-to-Value Mortgage Customers

National Counties Building Society Offers Affordable Remortgage Package for 90% Loan-to-Value Mortgage Customers

Epsom, Surrey (PRWEB UK) 22 July 2011

Following a recent article in the Mirror*, which highlighted the problems encountered by older interest-only mortgage customers, National Counties is pleased to offer a solution tailored to those looking for an affordable re-mortgage deal. Its 5 year fixed rate mortgage product offers an interest rate of 5.44% until 31/03/2016 which, coupled with National Counties’ personalised underwriting assessments, allows existing homeowners to avoid substantially increased repayments after re-mortgaging.

The NCBS 5 year fixed rate mortgage package offers customers an alternative to shorter loan repayment terms or higher interest rates deals, which might have been presented to them as the only option by their current lenders. With a great rate of 5.44% available to borrowers with loan-to-value’s as high as 90%, National Counties is directly supporting existing property owners who have seen the equity in their home decrease during the economic downturn.

As a consequence of the change in house prices and the introduction of more stringent repayment requirements by lenders, more and more people are being prevented from re-mortgaging or being pushed into deals with shorter repayment periods due to insufficient equity. This often means those people face much higher monthly repayments when renegotiating their mortgage deals.

Keith Barber, Associate Director Business Development at National Counties, said: ‘We are aware that some lenders have introduced stricter criteria for homeowners with low equity or on interest-only mortgage deals. Applied indiscriminately, this can result in sharp increases in monthly repayments for affected customers and may mean that some of them will struggle to make ends meet.

‘We take our lending responsibilities very seriously and our experienced underwriters individually assess each application. This approach enables us to look at each case on its merits, including the type of repayment vehicle used in interest only mortgages. We are committed to offering solutions which will support existing homeowners at a time when family finances are under pressure.’

The NCBS 5 year fixed rate mortgage was also recommended by Which? as part of its weekly best rate search**.

More information on NCBS’s 5 year fixed rate mortgage is available here.

National Counties’ 5 year fixed rate mortgage is available now and applicants can request an Agreement in Principle via the building society’s website or by contacting the Customer Centre team on 01372 747771.

(2011). Interest-only mortgage customers face tight restrictions, 20 July 2011. Available: http://www.mirror.co.uk/advice/money/2011/07/20/interest-only-mortgage-customers-face-tight-restrictions-115875-23282654/ /. Last accessed 21st July 2011.

** (2011). Hot money deals, 19 July 2011. Available: http://www.which.co.uk/news/2011/07/hot-money-deals-19-july-2011-259087/. Last accessed 21st July 2011.

Terms and conditions available on our website at http://www.ncbs.co.uk

Note to Newsdesk

National Counties Building Society is committed to its independent development as a mutual organisation run for the benefit of its members. It is the UK’s largest single office building society and from its Church Street, Epsom headquarters, the Society provides a first class professional service to over 59,000 customers throughout the UK. A branch is also available in Ashley Square, Epsom for locally based customers.

As a building society, National Counties is a mutual organisation, owned by its saving and borrowing members. It is independent and not a subsidiary of any larger group and the majority of its funding (approximately 75%) is raised by deposits from individuals.

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Russia: Is the Economy Back on Track? (January 2011) – Van Eck Global

A full transcript of this video available at: bit.ly DAVID SEMPLE, PORTFOLIO MANAGER, VAN ECK EMERGING MARKETS FUND, discusses the Russia’s economic recovery the outlook for the new year: “Russia has been slower to get back on track than some of the other emerging markets economies, but nevertheless there are clear signs that the country is moving forward.” A Fund prospectus is available at bit.ly – - – - – - – - – -IMPORTANT DISCLOSURE The views and opinions expressed are those of Van Eck Global and are current as of December 2010. Fund manager commentaries are general in nature and should not be construed as investment advice. Opinions are subject to change with market conditions. All performance information is historical and is not a guarantee of future results. Investments returns and the principal value of a fund will fluctuate with market conditions. You may have more or less than the original amount invested when you sell. For more information about Van Eck Funds or fund performance, visit vaneck.com. Any discussion of specific securities mentioned in the commentaries is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indexes mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. The Van Eck website provides for more information on holdings, performance and indexes. Investing in Russian companies involves risks such as the absence of developed legal …
Video Rating: 5 / 5

As trading surges to a record and prices grow more unstable than at any time since the Great Depression, mutual funds are selling stocks and hoarding cash, reports Bloomberg News. Also, Great-West Lifeco is leaving the US health insurance business, reports the Canadian Press. Meanwhile, Prudential Asset Management Company said it will launch the Prudential China Smart Wave Balanced Fund to individual and institutional investors. Finally, Santa Monica, California investment firm Coast Asset Management, which manages about .7 billion in assets, is preparing to expand.

Personal Financial Planning Tips : How to Hedge Against Inflation as an Individual

When hedging against inflation as an individual, it may be wise to pay attention to bond prices as they are directly affected by the rate of inflation. Discover why long term bonds may be more affected by inflation than short term bonds with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti Financial. Filmmaker: Bing Hu
Video Rating: 1 / 5

An open end financial fund allows a fund manager to draw in new capital at any time with any fees being significantly lower than closed end funds. Discover the difference between an open end fund and closed end fund withtips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Energy Outlook 2Q’11 – Van Eck Global

A full transcript of this video available at: bit.ly SHAWN REYNOLDS, CO-PORTFOLIO MANAGER, HARD ASSETS INVESTMENT TEAM, discusses commodity inflation, China and oil price speculation: “The reality is that there’s been speculation in the oil market since the modern oil market began in the 1960s, when OPEC was first formed. There is always going to be some sort of geopolitical risk premium in oil prices, and we really don’t see that going away.” A Fund prospectus is available at bit.ly – - – - – - – - – - IMPORTANT DISCLOSURE The views and opinions expressed are those of Van Eck Global and are current as of May 2011. Fund manager commentaries are general in nature and should not be construed as investment advice. Opinions are subject to change with market conditions. All performance information is historical and is not a guarantee of future results. Investments returns and the principal value of a fund will fluctuate with market conditions. You may have more or less than the original amount invested when you sell. For more information about Van Eck Funds or fund performance, visit vaneck.com. Any discussion of specific securities mentioned in the commentaries is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indexes mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. www.vaneck.com provides for more information on holdings, performance and indexes. You can lose …
Video Rating: 0 / 5

Pegging normal energy prices and shifting cost structures make these firms difficult to value accurately, says Morningstar International Manager of the Decade David Herro. For more Morningstar Video, please visit: www.morningstar.com

The Children’s Mutual: Gappy Kids

The Children’s Mutual: Gappy Kids £23.4 Million Better Off This Year As Tooth Fairy Generosity Grows

LONDON (PRWEB) July 8, 2008

Despite headlines on petrol price increases, the inflation of the tooth fairy outstrips petrol price inflation over the last 25 years. While the latter currently stands at 218 per cent, the inflationary rate of the tooth fairy is significantly higher at 258 per cent.

The Children’s Mutual’s research shows that today’s lucky children could find over £24 under their pillow from all their teeth – much more than the £6.80 their parents would have received. And London’s children’s teeth are the most valuable, with almost one in 10 getting £5 or more per tooth, pocketing over £100 during their childhood years! Never have kids had more of an excuse to start wobbling those teeth.

But many parents suffer from ‘fairy pressure’ according to the research. More than one in five (21 per cent) think they pay too much and nearly one in six (16 per cent) feel compelled to give their child the ‘market rate’ for a tooth.

David White, Chief Executive of The Children’s Mutual, said “Parents may think that being the tooth fairy is an expensive business, but the tooth fairy can help them talk to their children about the value of money. And for those parents determined to ‘stick to their gums’ and avoid fairy pressure, perhaps they can persuade their children to consider saving their tooth money and get into good money habits from an early age.”

About The Children’s Mutual

The Children’s Mutual is the choice of 1 in 5 parents for their child’s Child Trust Fund (CTF) account and named the UK’s Best CTF Provider 2006 and 2007. The Children’s Mutual, as experts in savings for children, made a significant contribution to the Government’s Child Trust Fund (CTF) consultation process.

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

US National Debt Clock – 2 years on

I posted this 2 years ago. 2 years on… the link hasn’t changed but: Borrowed by the General Fund has increased by: 3.2 trillion Debt held by the public has increased by: 3.74 trillion — check out the link: zfacts.com
Video Rating: 5 / 5

Proper Benchmarking and Alpha – Part 2 – IFA Quote of the Week 82

- ifabt.com – Part 2 When analyzing your investments, proper benchmarking is the most critical factor in determining whether active managers possess the skill necessary to consistently deliver returns in excess of the risk-appropriate benchmarks. When analyzing your investments, proper benchmarking is the most critical factor in determining whether active managers possess the skill necessary to consistently deliver returns in excess of the risk-appropriate benchmarks. ifa.com Proper Benchmarking and Alpha Sept 09, 2010 By: Mary Brunson When you look at your own personal investments, or those of an foundation, 401(k) or defined benefit pension plan, proper benchmarking is the most critical factor in determining whether active managers possess the skill necessary to consistently deliver returns in excess of the risk-appropriate benchmarks. A Little Background In 1952, Nobel Prize winner and consultant to Index Funds Advisors, Harry Markowitz set forth his Nobel Prize winning notion that risk must be considered as well as return. Through his risk-reward scatter plot (LINK), you can estimate whether or not your investments have been optimized so that your expected returns are maximized for your current level of risk. In 1964, Sharpe’s Capital Asset Pricing Model set forth the idea that the returns of investments are explained by how closely those investments have matched or correlated to the market portfolio. The market portfolio is considered a “beta” of one and investments …
Video Rating: 5 / 5

Ceridian Streamlines Its Retirement Plan Mutual Fund Administration

Ceridian Streamlines Its Retirement Plan Mutual Fund Administration

MINNEAPOLIS, MN (PRWEB) June 20, 2005 -

– Ceridian (http://www.myceridian.com), a leader in human resources outsourcing management solutions that help maximize the value of people, announced today that its Retirement Plan Services unit will begin offering its retirement plan administration customers enhanced mutual fund trade automation and processing services.

Ceridian is teaming up with Wayne, Pa.-based SunGard (NYSE:SDS) (http://www.sungard.com) to integrate the SunGard Transaction Network (STN) into its menu of retirement plan administration offerings. STN is an electronic network for automating financial transactions that links plan participants to more than 550 institutional investors and more than 300 mutual fund companies.

Integrated with Ceridian’s existing recordkeeping system, STN will provide seamless routing and execution for trading retirement plan mutual fund assets, along with access to trust, custody and settlement services. STN will also provide a single, automated source for participants using self-directed account (SDA) services. Linking the trading, settlement, reconciliation and income processing functions through STN will help Ceridian’s customers achieve the benefits of operating in a straight-through processing (STP) environment. These benefits include greater operational efficiencies and reduced risk from minimizing the manual effort involved in mutual fund trading for participants.

“We selected SunGard’s STN to help provide cost-effective, comprehensive functionality for mutual fund trading and processing,” said Jim Corcoran, president, Ceridian Benefits Solutions. “We are continually looking to help our customers more efficiently deliver benefits to their employees. The automation of STN, combined with its ease of use, will help our plan sponsor clients provide a better retirement plan offering to their employees.”

Todd Moyer, senior vice president of SunGard’s STN said, “Using STN, Ceridian can now access the tools and services needed to streamline its plan administration and recordkeeping process through a single connection. This comprehensive solution will help Ceridian to increase operational efficiencies and support larger trading volumes, while helping to reduce the cost and risk associated with manual order processing and plan reconciliation.”

STN will also help Ceridian’s clients to efficiently and cost-effectively trade National Securities Clearing Corporation (NSCC) funds and non-NSCC funds and maintain and support individual connections.

Ceridian will begin offering STN to its customers in the third quarter of 2005.

About STN

The SunGard Transaction Network (STN) links institutions throughout the financial services value chain to provide automated processing for a variety of security types, including US and foreign equities, fixed income, mutual funds, money market funds, certificates of deposit and commercial paper. Integrated with SunGard and third-party provider systems, STN provides access to tools and resources for proactively managing the end-to-end trade process. From price discovery to order execution to post-trade processing, STN automates the transaction lifecycle to help institutions increase operational efficiency, reduce costs and mitigate trade-related risk.

About SunGard

SunGard is a global leader in integrated software and processing solutions, primarily for financial services and higher education. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $ 3 billion. Visit SunGard at http://www.sungard.com.

Brokerage products and services offered by STN are provided by SunGard Institutional Brokerage Inc., member NASD/SIPC.

Trademark Information: SunGard, the SunGard logo and STN are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

About Ceridian

Ceridian is changing the world of work by enabling companies to be free to succeed in their core business through its suite of innovative managed human resource solutions that include payroll and compensation, staffing, compliance, HR administration and employee effectiveness. Ceridian Corporation (NYSE: CEN) is an information services company serving businesses and employees in the United States, Canada and Europe. For more information about Ceridian’s comprehensive array of human resource solutions, visit http://www.myceridian.com or call (800) 729-7655.

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Fund Alarm Adds Monetta Fund to Their Honor Roll

Fund Alarm Adds Monetta Fund to Their Honor Roll

Wheaton, IL (PRWEB) March 16, 2006

Fund Alarm adds Monetta Fund (MONTX) to its honor roll, which according to Fundalarm.com are funds that “have outperformed their respective benchmarks for the past 12 months as of 1/31/06, three years, and five years–in effect, these are NO-ALARM funds.”

“Fund Alarm’s honor roll acknowledges funds who have outperformed their benchmarks and we are proud that Monetta Fund’s performance is deserving of being added to their honor roll,” says Robert Bacarella, president of Monetta Mutual Funds.

According to Fundalarm.com, “This list is an excellent place to start, but it shouldn’t be viewed as the last word.” To view Fund Alarm’s honor roll list, please visit http://www.fundalarm.com

The Monetta Fund is a no-load mutual fund, in which an investment account may be opened with a minimum deposit of as little as $ 250 with a monthly automatic investment plan (AIP)* deposit of at least $ 25, or with a $ 1,000 deposit. To receive additional information about the Monetta Fund, visit Monetta’s website at http://www.monetta.com or call 1-800-MONETTA.

Disclosures

*AIP Disclosure: The automatic investment plan involves continuous investment in securities regardless of fluctuating price levels and investors should consider the financial ability to continue purchases through periods of low price levels.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-Monetta, or visiting http://www.monetta.com. Read it carefully before investing, principal loss is possible.

All investments, including those in mutual funds, have risks and principal loss is possible. The Fund may invest in smaller companies, and small-cap stocks tend to be more volatile and risky than large-cap stocks.

While the Funds’ are no-load, management and distribution fees and other expenses may apply. Please refer to the prospectus for details.

Distributed by Quasar Distributors, LLC. (3/06)

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Q&A: What happens to your new money once it is invested into your mutual fund?

Question by B0R3D: What happens to your new money once it is invested into your mutual fund?
I am wondering what happens when my monthly contribution is added to my mutual fund account? If the price is higher when it is added what happens to the previous quantity at the lower price? Does it end up redistributing my total value at the new price?

Best answer:

Answer by someone
No your old shares fluctuate with the price so you investment increases or decreases. Your new deposits buy shares at the current price.

Know better? Leave your own answer in the comments!