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
- Here's What This Billion-Dollar Financial Advisor Has Been Buying and Selling
- Unlike McDonald's and Yum! Brands, Chipotle Mexican Grill Doesn't Rob its Employees
- Should I Diversify Away From Mutual Funds?
- The Fight for Top Banana
- Two Types of Real Estate I?ll Never Invest In
- I'm Torn on Buying The Container Store's Stock