Shannen A back-end load is a fee that is charged when an investor sells shares of a mutual fund. This fee is also sometimes referred to as a “deferred sales charge.” Back-end load fees are typically assessed as a percentage of the total value of the shares being sold, and they can vary depending on how … Read more
An operating lease is a contract that allows a company to use an asset, such as a vehicle, for a set period of time. The asset is usually returned to the lessor at the end of the lease. Operating leases are typically used for short-term rentals, such as leasing a car for a vacation. What … Read more
Participatory notes (PNs) are derivative instruments used by foreign investors to invest in Indian securities without registering themselves with the Securities and Exchange Board of India (SEBI). PNs are issued by registered foreign institutional investors (FII) to overseas investors who wish to invest in Indian markets but cannot do so directly due to regulatory restrictions. … Read more
