For example, a fund with 100% turnover holds stocks for an average of one year. A fund with a 20% turnover holds stocks for an average of five years. A fund with a 200% turnover, on the other hand, holds its stocks for an average of six months.
Recent Mentions on Fool.com
- 5 Things You Don't Want Your Financial Advisor to Do
- What Investors Need to Know About Realty Income's Management
- 5 Great Quotes From Starbucks CEO Howard Schultz
- Oil's "Peak Demand" Theory is Still a Long Ways Away
- Roth IRA vs. Traditional IRA: Which Type of Account Should I Choose?
- Realty Income Corporation: How This $10 Billion REIT Makes Its Money