Breaking The Syndicate

Breaking The Syndicate

DEFINITION of Breaking The Syndicate The term “breaking the syndicate” or “breaking syndicate” refers to the dissolution of a group of investment bankers that created a syndicate to underwrite — or price, market and sell — the issue of a particular security. Prior to termination of the agreement, the underwriters must sell the securities at

Breakpoint Definition

Breakpoint Definition

What Is a Breakpoint? A breakpoint is the dollar amount for the purchase of a load mutual fund’s shares that qualifies the investor for a reduced sales charge. Breakpoints offer investors a discount for making larger investments. The purchase may either be made in a lump sum or by staggering payments within a specified period of

Breakpoint Sale

Breakpoint Sale

What Is a Breakpoint Sale? A breakpoint sale is the sale of a mutual fund at a set dollar amount that allows the fundholder to move into a lower sales charge bracket. If an investor is unable to provide the funds needed to qualify for the lower fee at the time of investment, they can