MUTUAL FUND CASH-TO-ASSETS RATIO
\mjˈuːt͡ʃuːə͡l fˈʌnd kˈaʃtuːˈasɛts ɹˈe͡ɪʃɪˌə͡ʊ], \mjˈuːtʃuːəl fˈʌnd kˈaʃtuːˈasɛts ɹˈeɪʃɪˌəʊ], \m_j_ˈuː_tʃ_uː_əl f_ˈʌ_n_d k_ˈa_ʃ_t_uː_ˈa_s_ɛ_t_s ɹ_ˈeɪ_ʃ_ɪ__ˌəʊ]\
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Invested mutual funds total that can be readily converted to cash. A low ration finds the fund manager predicting a higher stock yield based on market prices to encourage investors. Too high a ratio finds investors buying and the fund manager unable to account for all the transactions.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.