Series 66: Average Cost Basis

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Average Cost Basis ...

in the context of mutual fund holdings, a means of determining an investment’s cost basis, in which the total amount invested (including reinvested dividends and capital gains) is divided by the number of shares purchased.

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Series 66: Average Cost Basis

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Average Cost Basis ...

Since you're reading about Series 66: Average Cost Basis , you might also be interested in:

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