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healthy diet 226x300 You are what you Eat  watch your dietBeing healthy is everyone’s desire, it takes discipline and a lot of care at the personal level. This section serves as a source of information for you and your family to get healthy living tips and knowledge. You will find below articles on topics of interest to you including healthy eating, fitness, wellness, and managing a busy lifestyle. We believe in helping everyone live a healthy life.


1.Watch your mood:

If you are agitated and irritable and can’t really blame your boss, spouse, colleague or client for it, maybe it’s time to take a look at your eating habits. Your diet can affect the way you think and feel in at least two distinct ways. One is by influencing the chemical messengers in your brain and secondly through its effect on your blood sugar level. So let’s take a look at the kind of food that can keep you in a good mood.

The Right Breakfast

A good breakfast is the key to keeping you in a good mood throughout the day. The mood enhancing breakfast should have the right carbohydrates such as whole wheat breads and breakfast cereals. Broken wheat (daliya) is an easily available whole grain. Whole grains are important because they are absorbed slowly and keep your blood sugar levels stable. Swinging blood sugar is a common cause of irritability. In addition, carbohydrates boost the supply of tryptophan in the brain, which in turn boosts serotonin synthesis.

Plenty of Water

Another common cause of irritability and fatigue is dehydration. Keep a bottle of water handy and make sure that you drink water at regular intervals. Tea, coffee and soft drinks are not substitutes for water. However, munching on some fruits such as apples and oranges can help you stay better hydrated.

Green Leafy Vegetables

Leafy greens are good sources of folate. Folate deficiency has been linked with depression in some studies. You can ensure that your diet is not folate deficient by regularly consuming some spinach, lettuce, and other leafy greens. Nuts (almonds, walnuts, cashew nuts) and legumes (all daals and peas) are also a good source of folate.

Fish and Walnuts

The benefits of omega-3 fatty acids are endless! You know that they are good for your heart and your arteries. Now scientists have found that they also influence metabolic pathways in your brain and can combat depression. Given all the benefits of omega-3s, it makes perfect sense to include some rich sources such as fish and walnuts in your diet.

Lean Meats

Lean meats such as chicken, pork and beef provide an amino acid called tyrosine. Tyrosine boosts the levels of dopamine and norepinephrine, brain messengers that can help you feel more alert and focused. Meats also provide vitamin B12, which fights insomnia and depression.

Dark Chocolate

Now we all know that this one is a quick and utterly desirable mood booster. It provides two chemicals, caffeine and theobromine that have a mood enhancing effect. Have the darkest variety of chocolate that you can find for maximum benefit.

Baked or Mashed Potato

Baked or mashed potato can be a quick fix for a foul mood because it causes the release of serotonin in your brain. However, fried potato chips do not have the same effect because of the accompanying fat.

Seafood

Seafood such as oysters, sardines, clams, crab and fish produce a mood enhancing effect by supplying plenty of selenium. Selenium has been shown to have an antidepressant effect in research studies. Thankfully, many of the other healthy foods such as nuts, legumes, and whole grains are also good sources of selenium.

PRESS RELEASE
30 October 2010
Aditya Birla Nuvo reports results for the quarter ended 30 September 2010 Click here to view the results
Click here to view the quarterly investor presentation Aditya Birla Nuvo has posted strong growth in its operating performance driven by consistent improvement in earnings across the businesses:
Fashion and lifestyle: The business is capitalising on brand leadership and enhancing channel productivity to achieve profitable growth. Madura Garments has posted 40% growth in revenue at Rs. 478 Crore. Improved customer footfalls led to robust sales growth across the brands viz., Louis Philippe, Van Heusen, Allen Solly and Peter England. Initiatives taken to improve retail throughput, inventory replenishment and brand communication also contributed. The wholesale channel posted 56% growth and the retail channel grew by 39%. EBITDA rose by five times to Rs. 45 Crore driven by robust sales growth. In the quarter, 36 EBOs were launched to reach a total of 454 EBOs across 9 lacs sq. ft. area. After the success of its Mumbai and Bengaluru stores, ‘The Collective’ – a premium international brands store – launched its third store in Delhi.

PRESS RELEASE30 October 2010Aditya Birla Nuvo reports results for the quarter ended 30 September 2010 Click here to view the resultsClick here to view the quarterly investor presentation Aditya Birla Nuvo has posted strong growth in its operating performance driven by consistent improvement in earnings across the businesses:Fashion and lifestyle: The business is capitalising on brand leadership and enhancing channel productivity to achieve profitable growth. Madura Garments has posted 40% growth in revenue at Rs. 478 Crore. Improved customer footfalls led to robust sales growth across the brands viz., Louis Philippe, Van Heusen, Allen Solly and Peter England.

Initiatives taken to improve retail throughput, inventory replenishment and brand communication also contributed. The wholesale channel posted 56% growth and the retail channel grew by 39%. EBITDA rose by five times to Rs. 45 Crore driven by robust sales growth. In the quarter, 36 EBOs were launched to reach a total of 454 EBOs across 9 lacs sq. ft. area. After the success of its Mumbai and Bengaluru stores, ‘The Collective’ – a premium international brands store – launched its third store in Delhi.

Educating consumers, your prospects,
and your clients in this challenging landscape
of health coverage has to become a
focus for every financial professional in
2011 and beyond.
You may not be selling
critical illness policies…YET… But you
sure better know what’s happening with
this emerging product!
The demand for
critical illness insurance is not expected
to diminish.We’re in a period of solid growth for critical
illness policies and a recent.
LIMRA survey
revealed that critical illness coverage
increased at a faster clip than any other
voluntary insurance coverage.
The majority of U.S. households are not
equipped to deal with the financial
consequences and potential changes to
their lifestyle when a critical illness strikes.

The family could sustain financial stress or
hardship when the chief breadwinner in the
family suffers a critical illness. Unmarried
folks or younger individuals between the
ages of 25-44 would probably be hit the
hardest.
One-third of the respondents to the
LIMRA survey who had suffered from a
critical illness said they had still not
recovered financially from the time they had
to take off to recover before returning to
their employment.
The hardship isn’t necessarily because of the lack of medical
coverage, but rather by the financial impact
their illness had on their family’s lives:
keeping up with mortgage payments, car
payments, and care-giving expenses were
the biggest concerns.
Your clients will probably see more high
deductible health insurance plans than
ever before as companies struggle to offer
benefits to their employees that are
affordable.
Your clients will probably opt
for a higher deductible instead of the
unacceptable alternative of no coverage.
There will be some big gaps to fill and YOU
can offer a solution.
So what do your prospects and clients
need to know about critical illness
coverage?
I think you’ll be surprised to see
these statistics from the LIMRA study:
• More than one-third (38%) of
employees said they didn’t know the
difference between critical illness and
disability insurance.
• More than one-third (38%) said they didn’t
know the difference between critical illness
insurance and medical insurance.
What If You Got a Major Diseas
• More than two-fifths (43%) said they
didn’t know the difference between
critical illness insurance and long term
care insurance.
• More than half (57%) didn’t know the
difference between critical illness insurance
and accelerated death benefits on a life
insurance policy.
As you can see, we have a
HUGE knowledge gap!

So what can you do to educate your clients
and prospects about critical illness coverage?

1. Start by getting appointed with at least
3 companies that offer this coverage.
Mutual of Omaha, Assurity, and American
General are 3 good choices.
2. Learn what each critical illness policy
covers. They’re all different in some
small but distinct ways.
3. Ask your clients if they have disability
coverage. Do they have critical illness
coverage too? Then ask if they know the
differences between those 2 types of
coverage. A critical illness policy pays the
policyholder directly and the policyholder
can use that cash ANY WAY THEY
WANT TO. Wow!
4. Doctors and Dentists who can’t
get enough disability coverage are
perfect prospects for this coverage.
Should a critical illness strike, they can
use the lump sum dollars paid to them
by the critical illness policy (up to
$500K) to cover office expenses,
keep their families lifestyle in tact,
whatever they choose.
5. A critical illness policy pays out a lump
sum to the policyholder after a critical
illness strikes. There’s only one claim
form to submit. And there’s no
continuing to prove that the disability still
exists or that care is still being provided
like a disability or long term care policy
would require.
6. Ask any of your clients and prospects if
they have a friend or family member who
had a heart attack, cancer, or stroke
unexpectedly and did that health episode
change their life while they were
recovering? Who couldn’t say ‘YES’ to
that question?
7. If you’re talking about long term care
coverage to a client, it may be hard for
them to imagine their health changing like
that.
8.With critical illness coverage,
EVERYONE can imagine their health
changing unexpectedly, but they fully
expect to be able to go back to work
after a time for recovery. And THAT’s
where critical illness coverage makes so
much sense.
9.OK. It’s time for you to take some action.
Get some knowledge about how
to sell critical illness coverage (see
www.criticalillnesscoach.com), get
appointed with 3 good companies, start
talking about this to your clients in 2011.

The clients will thank you, the commissions
are great, and at the end of this year, you’ll be
pleased that you’re now selling a product that
the clients and prospects cannot resist.
There’s NO sales resistance, it’s a product
for NOW, and it can keep you in the Winner’s
Circle as a Top Product.
Now, what could be better than that? 
Wilma G. Anderson, RFC® the LTC Coach, is
America’s leading LTCI sales trainer and a
practicing producer who has personally sold
over 7,000 long-term-care policies. She offers
personalized coaching sessions, workshops,
and routinely gives speeches about long term
care, critical illness, the VA Aid & Attendance
pension, and how to survive retirement
pitfalls. Let Wilma show you how to sell more
LTCI, critical illness insurance, annuities, and
investments to the senior market with less
effort!
Contact: 720 344 0312
wilma@CriticalIllnessCoach.com
www.CriticalIllnessCoach.com

0312wilma@CriticalIllnessCoach.comwww.CriticalIllnessCoach.com

NB. This article by Wilma Anderson has been copied from IARFC March 2011Journal.

Every professional can benefit
immediately from fine-tuning their
marketing efforts. Only one additional
client per week will produce substantial
improvement by the end of the year.
Here are proven marketing strategies.
These techniques have worked for
decades — and they will work for you.

1.Establish a client-builder cluster
group that meets each month.
2.Exchange information, introductions
and endorsements.
3.Write articles for your professional
journals or associations. Then send
copies to local papers and send reprints
to your clients.
4.Speak at civic and professional
organizations’ meetings. Ask them to
send a press release to local papers (or
let you do it) and be sure to distribute a
handout.
5.Have a client appreciation event —
perhaps a Thanksgiving week brunch.
Sponsor a community event such as a
10K run or golf tournament with a
charitable beneficiary.
6.Submit press releases to media
regarding your achievements, published
articles or books.
7.Send articles with information that will
be of interest to your present prospects
and clients.
8.Become credentialed to build
credibility — then announce to
prospects and clients. You can always
“re-announce” a designation by being
quoted or published.
9.Collect testimonials.
10.Refer new customers to your clients.
11.Donate a service or product to charity.
Be sure to get maximum publicity for
your contribution.
12.Agree to be interviewed on radio
or television.
NB.  This article by Dr. William L. Moore, Sr., CLU, ChFC, RFC® has been copied form IARFC Journal for March 2011.

SEVEN Golden_Rules_of_Financial_Planning

Reality Check Number One:
Many RFC¡¦s and other financial specialists in
your profession will not use the
Cato Power Image Building SystemR.
Thus it is impossible for them to zero
in on the strategies of this system and to
reap the benefits that result from executing
this program.
Actually, most professionals who compete
with you (in your market area) will not use
any system for image building or for sales.
Therefore, they can not possibly experience
the benefits of any system.
Reality Check Number Two:
Average
agents or planners seldom have the
forethought to define and communicate
to their prospects that which is unique,
special, and precious about them.
Lew Nason, RFCR, of the famous Insurance
Pro ShopR says, ¡§Of course top producers
do this. But average producers never
do this.¡¨
Nason explains, ¡§Ultimately these dynamics
work to your advantage resulting in a system
which works for you and positions you
ahead of your competition.¡¨
Reality Check Number Three:
According
to Mehdi Fakharzadeh, RFCR, the
beloved MDRT and IARFC super-sales hero
¡§Believe it or not, most people who must
sell their financial services or products
consistently use no sales system, no
image-building system, or combined
systems. They do not invest in themselves.
They do not learn new techniques and
strategies. They do not plan carefully for
future sales. Since most people in your
specialty discipline do not apply Cato¡¦s
Power Image Building SystemR they can
not possibly benefit from this program. If
you fully use this program you are certain to
experience major benefits.¡¨
Do You Really Understand
How Fame Leads to Fortune?
Reality Check Number Four:
Insurance
legend Norman G. Levine, RFCR says,
¡§Most agents and planners are unable to
understand the connection between
being well known and increased sales.
They simply cannot make this connection.
The majority ¡X the non-users of this
or any system ¡X are unable to make
the logical connection between regional
fame and massive regional sales. Thus,
they see no value in an image building
program. The majority do not understand
the desired objectives of the Cato Power
Image Building SystemR which is designed
to enable you to create, establish, and
maintain your desired image within your
target markets.¡¨
Reality Check Number Five: The majority¡¦s
failure to create, establish, and maintain
their desired image in your market area
works to your advantage. This enables you
to hugely benefit by putting a proven
system to work for you. You gain the image
advantage by default.
Should You Rescue Your Image?
Reality Check Number Six: CPR can save
your life! You probably need a like a
fast-track CPR for your image as a financial
professional. Proven techniques can help
build, preserve and save your image and
lead to fame and fortune in the ten
following ways:
1. A fast-track system works well for you
because most people in your position
do not use it.
2. A fast-track system allows you to make
the connection between personal
recognition and increased sales when
your competition fails to do so.
3. A fast-track system allows you to
understand how the relationship
between being well-known and
accepted in your market area leads to
mega-sales when your competition fails
to understand this concept.
4. A fast-track system demonstrates the
value of media exposures, status, and
an enhanced image publicly while your
competition does not have a clue
about these strategies.
5. A fast-track system demonstrates
the significant benefits from a
strong rejuvenated image when
your competition is unable to even
imagine this.
6. This fast-track system demonstrates the
clear connection between fame and
fortune while your competition cannot
make this connection.
7. A fast-track system shows how you
can achieve fame and that this fame
is not limited to celebrities and
our leaders.
8. A fast-track system will show you the
connection between image power and
sales power while your competition
remains clueless.
9. A fast-track system will demonstrate
how your prospects will take
advantage of what is unique, special,
and precious about you rather than
your competition.
10. A fast-track system demonstrates
how you are capable of being
noteworthy or of being a local
market leader while your
competition does not even
consider these possibilities.
Napoleon Hill, author of the classic
book Think and Grow Rich, said, ¡§The
successful professional person must
attract attention to himself or herself
in a positive and continuous way.¡¨ If
everyone used an image building system
then it would be far more difficult for
this system to work, as this program would
be much more difficult to implement
(and far more expensive).
But the majority of the financial
professionals in your market area (and
in your specialty discipline nationwide)
The Register | March 2011 Page 15
will do little or nothing to create, establish,
and advance or revitalize their images.
Amateur self-promotion efforts avail little.
History shows us that the top sales
achievers have executed a skilled on-going
image building plan.
Reality Check Number Seven: Thus
you can easily ¡§out-smart¡¨ or ¡§out-market¡¨
the competition in your local market
area. Some of these average performers
will wonder how you became so
acclaimed and well-respected over
such a short period of time while
they remain essentially unknown
year-after-year. You can advance your
sales upward while they remain ¡§Just more
agents or planners with nothing special
about any of them.¡¨
Reality Check Number Eight: This
image building system I have been
assembling was created over a
thirty-year period of trial-and-error.
This system was continually revised
and adjusted for the specific needs
of financial products and services
representatives. Many people who
aggressively implemented this system
become among the most successful,
most productive, and most powerful
sales people in our industry. They
made the connection then they made
changes. Without making changes
there are no changes. Either you
understand the connection between
local fame and local sales, or you do
not! It is that simple. If you understand
the connection then you will
act accordingly.
Reality Check Number Nine: What would
you really like to do? Remain the same or
improve your image with the Cato Power
Image Building SystemR?
¡½ If you would like to remain basically
unknown in your market area then do
only what you have done until now.
Do not make any change.
¡½ If you would like to remain a typical
sales producer then do only what you
have done until now. Do not make
any change.
¡½ If you would like to remain at your
current sales level then do only what
you have done until now. Do not
make any change.
¡½ If you would like to retain only your
current sales abilities then do only what
you have done until now. Do not make
any change.
¡½ If you would like to advance at your
present pace then do only what you
have done until now. Do not make
any change.
¡½ If you would like to remain
essentially unrecognized in your
market area then do only what
you have done until now. Above all,
do not make any special effort to
create, establish, and maintain a
revitalized image for yourself!
Do not make any change.
Without changing there will be no change or
improvement of how you are perceived in
your market.
Your Revitalized Image is Available
To Work for You by Default
These exact image building techniques
are now successfully used and endorsed
by most of the famous leading sales
producers in our profession. Ask the
top MDRT, FPA, IARFC or NAIFA
producers. By using this system they
have established all-time sales records.
But the majority of financial professionals
never understand that image power
leads to sales power in their market
area. They never invest anything significant
into their image, thus they relinquish
to you the ability and availability for you to
position yourself as the market leader in
your area.
Reality Check Number Ten: Most
financial sales professionals are intelligent
people. They want to make enough
money to pay their bills. They are
satisfied when they can pay their monthly
expenses. Many financial representatives
know that most of the sales improvement
speakers, books, tapes, videos, CD¡¦s, ¡X and
especially the sales gurus ¡X all over-promise
and over-charge. The ¡§man in the field¡¨ or
the ¡§person on the front lines¡¨ grows
suspicious about sales ¡§aids¡¨ and cynical
about sales consultants.
Because of this they do not want to
learn or attempt anything new or
different. They do not want to make a
change. So they reject everything
including the power of image
dynamics. They leave the door to
greater sales wide open for you.
Some people can make the connection
between fame and higher sales.
Those people understand how local
fame (image) influences local
prospects and clients. They build
their image and at the same time they
build sales power.
Who Knows What Is Unique,
Special and Precious about You?
If you have never bothered to figure-out
what is unique, special, and precious
about you, then how can you possibly
communicate to your prospects, clients
and others what is actually unique, special
and precious about you? Communicate this
on a planned schedule and you can
become the most famous sales leader in
your market area.
If you too are unable to understand and
appreciate how local market fame fosters
greater local market sales then possibly
you need more experience before
applying this system to your situation.
Study the top market achievers and notice
how they create, establish, and maintain
their desired images within their target
markets. Notice that they cause their local
market fame to result and this impacts their
local market sales. „
Forrest Wallace Cato, RFMA, RFCR is
considered an ¡§industry thought leader¡¨ in
the financial services profession. His
articles, essays, interviews, op-ed pieces,
reviews, biographies, critiques, and
editorials, are widely printed world-wide
and span over 28 years. His media
advocacy services have enabled many
advisors to enhance their personal image,
with a corresponding increase in their local
status, public recognition and their income.
His mission is to help financial advisors
¡§Cut A Bigger Image!¡¨
Contact: 770 516 9395
forrestcato01@bellsouth.net
www.CatoMakesYouFamous.com
Forrest Wallace Cato, RFMA, RFCR

N.B.: This article has been copied from IARFC, USA. March 2011 Bulletin.

1. Equity Schemes

The investments of these schemes will predominantly be in the stock markets and endeavor will be to provide investors the opportunity to benefit from the higher returns which stock markets can provide. However they are also exposed to the volatility and attendant risks of stock markets and hence should be chosen only by such investors who have high risk taking capacities and are willing to think long term. Equity Funds include diversified Equity Funds, Sectoral Funds and Index Funds. Diversified Equity Funds invest in various stocks across different sectors while sectoral funds which are specialized Equity Funds restrict their investments only to shares of a particular sector and hence, are riskier than Diversified Equity Funds. Index Funds invest passively only in the stocks of a particular index and the performance of such funds move with the movements of the index.

2 Debt Schemes

Debt Funds invest only in debt instruments such as Corporate Bonds, Government Securities and Money Market instruments either completely avoiding any investments in the stock markets as in Income Funds or Gilt Funds or having a small exposure to equities as in Monthly Income Plans or Children’s Plan. Hence they are safer than equity funds. At the same time the expected returns from debt funds would be lower. Such investments are advisable for the risk-averse investor and as a part of the investment portfolio for other investors.

3 Balanced Schemes

Balanced Fund invests in a mix of equity and debt investments. Hence they are less risky than equity funds, but at the same time provide commensurately lower returns. They provide a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but is looking for higher returns than those provided by debt funds.

4 Exchange Traded Scheme

The investment objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold. However the performance of the scheme may differ from that of the underlying asset due to tracking error.

Mutual funds have become an important medium for investing money. Nowadays, bank rates have gone down and they are nowhere matching with the inflation rate. Therefore, the investors’ minds are changing from keeping their money into bank accounts to investing in mutual funds. There are other investing options like investing in stocks etc., but a common investor is not informed and competent enough to understand the intricacies of stock market. This is where mutual funds come to the rescue. As we discussed in chapter 1, a mutual fund is a group of investors operating through a fund manager to purchase a diverse portfolio of stocks or bonds. Mutual funds are highly cost efficient and very easy to invest in.

There are following types of mutual fund products available in India:

Closed-end funds: A closed-end mutual fund has a set number of shares issued to the public through an initial public offering.

Open-end funds: Open end funds are operated by a mutual fund house which raises money from shareholders and invests in a group of assets

Large cap funds: Large cap funds are those mutual funds, which seek capital appreciation by investing primarily in stocks of large blue chip companies

Mid-cap funds: Mid cap funds are those mutual funds, which invest in small / medium sized companies. As there is no standard definition classifying companies

Equity funds: Equity mutual funds are also known as stock mutual funds. Equity mutual funds invest pooled amounts of money in the stocks of public companies.

Balanced funds: Balanced fund is also known as hybrid fund. It is a type of mutual fund that buys a combination of common stock, preferred stock, bonds, and shortterm bonds

Growth funds: Growth funds are those mutual funds that aim to achieve capital appreciation by investing in growth stocks.

No load funds: Mutual funds can be classified into two types – Load mutual funds and No-Load mutual funds.

Exchange traded funds: Exchange Traded Funds (ETFs) represent a basket of securities that is traded on an exchange, similar to a stock. Hence, unlike conventional mutual funds

Value funds: Value funds are those mutual funds that tend to focus on safety rather than growth, and often choose investments providing dividends as well as capital appreciation.

Money market funds: A money market fund is a mutual fund that invests solely in money market instruments. Money market instruments are forms of debt that mature in less than one year and are very liquid.

International mutual funds: International mutual funds are those funds that invest in non-domestic securities markets throughout the world.

Regional mutual funds: Regional mutual fund is a mutual fund that confines itself to investments in securities from a specified geographical area, usually, the fund’s local region.

Sector funds: Sector mutual funds are those mutual funds that restrict their investments to a particular segment or sector of the economy.

Index funds: An index fund is a mutual fund or exchange-traded fund) that aims to replicate the movements of an index of a specific financial market.

Fund of funds: A fund of funds (FoF) is an investment fund that holds a portfolio of other investment funds rather than investing directly in shares, bonds or other securities.

Columns 1 & 2: 52-Week High and Low – These show the highest and lowest prices the mutual fund has experienced over the previous 52 weeks (one year). This typically does not include the previous day’s price.

Column 3: Fund Name – This column lists the name of the mutual fund. The company that manages the fund is written above in bold type.

Column 4: Fund Specifics – Different letters and symbols have various meanings. For example, “N” means no load, “F” is front end load, and “B” means the fund has both front and back-end fees. For other symbols see the legend in the newspaper in which you found the table.

Column 5: Dollar Change -This states the dollar change in the price of the mutual fund from the previous day’s trading.

Column 6: % Change – This states the percentage change in the price of the mutual fund from the previous day’s trading.

Column 7: Week High – This is the highest price the fund traded at during the past week.

Column 8: Week Low – This is the lowest price the fund traded at during the past week.

Column 9: Close – The last price at which the fund was traded is shown in this column.

Column 10: Week’s Dollar Change – This represents the dollar change in the price of the mutual fund from the previous week.

Column 11: Week’s % Change – This shows the percentage change in the price of the mutual fund from the previous week.

Buying and Selling

You can buy some mutual funds (no-load) by contacting the fund companies directly. Other funds are sold through brokers, banks, financial planners, or insurance agents. If you buy through a third party there is a good chance they’ll hit you with a sales charge.

That being said, more and more funds can be purchased through no-transaction fee programs that offer funds of many companies. Sometimes referred to as a “fund supermarket,” this service lets you consolidate your holdings and record keeping, and it still allows you to buy funds without sales charges from many different companies.

Selling a fund is as easy as purchasing one. All mutual funds will redeem (buy back) your shares on any business day. In the United States, companies must send you the payment within seven days.

The Value of the Fund

Net asset value (NAV), which is a fund’s assets minus liabilities, is the value of a mutual fund. NAV per share is the value of one share in the mutual fund, and it is the number that is quoted in newspapers. You can basically just think of NAV per share as the price of a mutual fund. It fluctuates everyday as fund holdings and shares outstanding change.
When you buy shares, you pay the current NAV per share plus any sales front-end load. When you sell your shares, the fund will pay you NAV less any back-end load.

pixel Choosing a Mutual Fund