A shareholder's right to reinvest dividends and buy more shares in the corporation or mutual fund.
The privilege some mutual funds give to their shareholders to use income and/or capital gains distributions to purchase additional shares of their fund without paying a sales charge.
Allows a client to reinvest up to the number of Class A shares redeemed, within 30 days of redemption, at the then prevailing Net Asset Value without a sales load, or reinstate the account for the purposes of exercising the Exchange Privilege. The Reinvestment Privilege may be exercised only once.
An option that allows mutual fund shareholders to reinvest dividends and capital gain distributions automatically in new fund shares. This increases the shareholders total holdings in the fund.
The privilege of a stockholder to have dividends in the corporation or mutual fund reinvested for the purchase of additional shares, rather than taking the dividends in the form of cash.
A service that most mutual funds offer whereby a shareholder's income dividends and capital gains distributions are automatically reinvested in additional shares.
Service offered by most mutual funds and some closed-end investment companies in which distributions may be automatically reinvested for additional full and fractional shares.
A service provided by most mutual funds for the automatic reinvestment of income dividends and capital gains distributions in additional shares. Reinvestment is at net asset value and usually without a sales charge.
Shareholders' right that allows them to reinvest their dividends to purchase additional shares in a mutual fund or a corporation, typically without any additional fees. See: Dividend Reinvestment Plan
An option which allows shareholders to have their mutual fund dividends automatically used to buy additional fund shares.
The right of shareholders to use income and/or capital gain distributions to purchase additional shares of their fund without paying a sales charge.
An option whereby mutual fund dividend and capital gain distributions automatically buy new fund shares.
An option whereby mutual fund dividends and capital gains distributions are set up to automatically buy new fund shares.
An option available to mutual fund/unit trust shareholders in which fund dividends and capital gains distributions are automatically turned back into the fund to buy new shares, without charge (meaning no sales fee or commission), thereby increasing holdings.
An option available to mutual fund shareholders in which fund dividends and capital gain distributions are automatically turned back into the fund to buy new shares at NAV.
