Liquidating a mutual fund

11 Feb

On Friday, February 20, 2009, the Black Rock Florida Municipal Bond Fund reorganized into the Black Rock National Municipal Fund.Black Rock Commodity Strategies Fund Liquidation Liquidation Date: October 31, 2008 On Friday, September 12, 2008, the Black Rock Technology Fund reorganized into the Black Rock Global Science & Technology Opp. In addition, the Black Rock Global Science & Technology Opportunities Portfolio was renamed the Black Rock Science & Technology Opportunities Portfolio.When Whitebox decided the liquidate, the losses for their customers have just been made permanent. Tips: tips [ at ] General: info [ at ] Legal: legal [ at ] Advertising: ads [ at ] Abuse/Complaints: abuse [ at ] Advertise With Us It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. How to report offensive comments Notice on Racial Discrimination.On Friday, September 9, 2011 the fund reorganizations listed above took place.An advantage of this portfolio of assets is diversification.There are many types of mutual funds, and their degrees of diversification vary.

To my way of thinking Whitebox is doing their clients a great service by closing the shop.

If your mutual fund is yielding a lower return than you anticipated, you may be tempted to cash in your fund units and invest your money elsewhere.

The rate of return of other funds may look enticing, but be careful; there are both pros and cons to the redemption of your mutual fund shares.

Let's examine the circumstances in which liquidation of your fund units would be most optimal and when it may have negative consequences.

Mutual Funds Are Not Stocks The first thing you need to understand is that mutual funds are not synonymous with stocks.