Morningstar Sustainability Rating
What is the Morningstar Sustainability Rating? The Morningstar Sustainability Rating is a consistent and objective way for investors to evaluate mutual funds and exchange-traded funds (ETFs) based on their environmental, social, and corporate governance (ESG) impact. Implemented in 2016, the Morningstar Sustainability Rating is a rating out of five globes, instead of stars. It indicates...
Municipal Bond
What is a Municipal Bond? A municipal bond refers a bond or fixed income security that is issued by a government municipality, township, or state to finance its governmental projects. Municipal bonds are also referred to as “muni bonds” or “muni.” The advantage of municipal bonds for investors is the fact that they are tax-exempt,...
Municipal Securities Rulemaking Board (MSRB)
What is the Municipal Securities Rulemaking Board (MSRB)? The Municipal Securities Rulemaking Board (MSRB) is a regulatory organization that drafts protection rules and several other rules that regulate broker-dealers, banks, and other parties within the United States municipal securities market. What are Municipal Securities? Municipal securities are financial securities that are offered by...
No-Transaction-Fee (NTF) Mutual Fund
What is a No-Transaction-Fee (NTF) Mutual Fund? A no-transaction-fee (NTF) mutual fund refers to mutual funds that do not charge trading fees for the transactions made. They are also known as no-load mutual funds. Investors can buy and sell the shares of a no-transaction-fee mutual fund without paying sales commission, which is favorable to them....
Non-Accredited Investor
What is a Non-Accredited Investor? A non-accredited investor refers to investors who fail to meet the net worth or income requirements defined by the Securities and Exchange Commission (SEC). Non-accredited investors are also known as retail investors. Being a non-accredited investor does not mean that the individual cannot invest; however, investment opportunities for them are...
