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.
By Kaye A. Thomas. General rules for determining the amount and type of gain or loss to report when you sell mutual fund shares. When you withdraw money from a mutual fund account, you're actually selling shares of stock in the mutual fund. As a general rule, that sale results in capital gain or loss.