Opentrain Share
Tips
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sharestips@opentrain.co.uk
Here are some of those reasons:
'Churning'. There are many reasons why professional fund managers might sell shares and one is traditionally known as 'churning'. Some fund managers charge their clients 'per transaction'. So the greater the number of trades, the more income they get. This is a strong incentive to regularly sell some shares and buy others. Less reprehensible is the practice of selling for tax purposes - to either establish gains or losses.
A New Fund Manager. Every day portfolios of shares are removed from the care of one fund manager and entrusted to a new one. And the first action of the latter will be to turf out any shares that he is not familiar with. And replace them with those of his own choosing.
Introduction tutorial for the individual self-investor. Useful hints and tips beginning your first venture into trusts / shares.
www.opentrain.co.uk/sharetips. Share tips, share tutorials, introduction to investing in shares and funds