Glossary entry (derived from question below)
German term or phrase:
Zielfondsanteile
English translation:
target fund shares
Added to glossary by
Ted Wozniak
Jul 12, 2006 15:44
17 yrs ago
German term
Zielfondsanteile
German to English
Bus/Financial
Finance (general)
mutual funds
In connection with calculating the NAV of a fund, the prospectus states:
"Die im jeweiligen Teilfonds enthaltenen offenen Zielfondsanteile werden zum letzten festgestellten und erhältlichen Rücknahmepreis bewertet"
"Die im jeweiligen Teilfonds enthaltenen offenen Zielfondsanteile werden zum letzten festgestellten und erhältlichen Rücknahmepreis bewertet"
Proposed translations
(English)
3 | target fund shares | Steffen Walter |
Proposed translations
13 mins
Selected
target fund shares
The literal translation seems to work here - see examples:
http://www.secinfo.com/dsVSc.61dp.a.htm
http://prospectus-express.newriver.com/pnet/get_template.asp...
http://sec.edgar-online.com/2003/06/16/0000950137-03-003397/...
A target fund is apparently a fund to be acquired by another (acquiring) fund.
http://www.secinfo.com/dsVSc.61dp.a.htm
http://prospectus-express.newriver.com/pnet/get_template.asp...
http://sec.edgar-online.com/2003/06/16/0000950137-03-003397/...
A target fund is apparently a fund to be acquired by another (acquiring) fund.
3 KudoZ points awarded for this answer.
Comment: "Danke für die Bestätigung Steffen"
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