The French presidency is based on a semi-presidential system where both a president and a prime minister are active participants in the day-to-day administration of the state. France's president appoints a prime minister, who then forms a government.
The Portfolio Management Rating is the same as our Stock Rating except that we incorporate Asset Allocation in the Portfolio Management Rating. The Total Annual Costs Rating captures the all-in cost of being in a fund over a 3-yr holding period, the average holding period of all mutual fund investors.
The tax law provides special rules for determining how much gain or loss you have, and in what categories, when you sell mutual fund shares. Money market funds. There's an exception to the general rule. Most money market funds are set up so that you have no gain or loss when you sell shares to make a withdrawal.