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DYN6000 in between interest payments
July 18, 2024
4:24 pm
4:24 pm
NCC1701Z
Lower Mainland
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May 26, 2022
May 26, 2022
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July 18, 2024
4:38 pm
4:38 pm
Norman1
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DYN6000 is actually a savings account and not a mutual fund. So, it works like a savings account.
Like a savings account, the accrued interest will be paid out if one closes the underlying savings account by selling all one's DYN6000 units.
There's actually no mutual fund units/shares. Just a balance in dollars and cents. The fund symbol DYN6000, the number of units, and the unit price are a mirage created for the benefit of the Fundserv mutual fund trading system.
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