Arranged agreement between an investor and a mutual fund where an individual agrees to invest fixed sums of money into a mutual fund over regular intervals to accumulate shares in the mutual fund. These sums of money are fixed regardless of how the mutual fund is performing. For example, an investor may agree to invest $100 every month, even when the markets are down.
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A fee-payment structure applicable to mutual funds in which the sales charge or commission (load) is not entirely paid at the time the investor first contributes ...
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A unique type of mutual fund purchasing program is the contractual plan. These plans require the investor to commit to purchasing a set dollar amount (say ...
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A plan in which fixed dollar amounts of mutual fund shares are purchased through periodic investments, usually featuring some sort of additional incentive for ...
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plan by which fixed dollar amounts of mutual fund shares are accumulated through periodic investments for 10 or 15 years.
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Definition of contractual plan: Arranged agreement between an investor and a mutual fund where an individual agrees to invest fixed sums of money into a ...
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Aug 1, 2007 ... A "periodic payment plan" is the legal name for an investment that might also be referred to as a "contractual plan" or "systematic investment ...
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contractual plan definition: A program in which an investor in a mutual fund agrees to invest a fixed amount of money at regular intervals in accumulating shares.
- * Contractual plan - (Business): Definition
Contractual plan - Topic:Business - Online Encyclopedia - What is what? Everything you always wanted to know.