PILOT CLUB OF TITUSVILLE is a member of Pilot International, a global organization celebrating ninety-one exciting years of history-making service programs and projects. Chartered May 25, 1957 by the Pilot Club of Jacksonville, Florida.
Mutual funds can be bought and sold daily. However, unlike equities and other types of securities that trade on the secondary market throughout each trading day, share transactions in a fund are carried out once each day after the close of market at 4 p.m. Eastern Time.
Mutual funds may charge a redemption fee when you redeem shares. Some charge the fee regardless of when you sell. Other funds limit the redemption fee period to 90 days from the date you purchased the shares. Not all mutual funds charge a redemption fee. The SEC limits this fee to 2 percent, as of 2010.