TN 5 (05-94)

SI 01140.230 Mutual Fund Shares

A. Introduction

A mutual fund is a company whose primary business is buying and selling securities and other investments. Shares in a mutual fund represent ownership in the investments held by the fund.

B. Development and documentation

The development guidelines for stocks in SI 01140.220, including electronic stock verification, also apply to mutual fund shares. Many newspapers contain a separate table showing the values of funds not traded on an exchange.


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0501140230
SI 01140.230 - Mutual Fund Shares - 10/14/2014
Batch run: 10/14/2014
Rev:10/14/2014