In criminal law, motive is distinct from intent. Criminal intent refers to the mental state of mind possessed by a defendant in committing a crime. With few exceptions the prosecution in a criminal case must prove that the defendant intended to commit the illegal act.
See the difference low-cost funds can make. The less you pay for your funds, the more you keep in your pocketâit's that simple. The average Vanguard mutual fund and ETF (exchange-traded fund) expense ratio is 82% less than the industry average.*. You don't get a bill explaining how much of your savings went toward paying fund expenses, because those costs are paid directly out of each fund's returns.
The investorâs average cost basis is thus $13.33 (i.e. $50,000/3,750 shares). Suppose the investor then sells 1,000 shares of the fund at $19. The capital gain/loss computed under two different methods stack up as follows:1  Gain/loss using average cost basis = ($19 - $13.33) x 1,000 shares = $5,667.he average cost is then compared with the price at which the fund shares were sold to determine gains or losses. The average cost basis is one of three methods that the IRS allows investors to use to arrive at the cost of their mutual fund holdings acquired before Jan. 1, 2012. Next Up.