X or XD for noticing that a mutual fund recently paid capital gain

pippy · Apprentice Joined: 15 Apr 2008 Posts: 3

I don’t know what is the significance of X or XD, something written in the newspaper that does not make lots of sense to me. But, I’ve heard that it is quite common and that I should know what it really means. I’ve heard something like: X or XD is for noticing that a mutual fund recently paid capital gain, but what’s with capital gain now? Have you found sense here?

alexina · Apprentice Joined: 01 Aug 2006 Posts: 2

In several occasions I’ve heard the same phrases and I got confused, I don’t like when people ask me about trading ex-dividend, that is the area that I really don’t understand very well. But, the problem is in the fact that I had to learn it in the end, you use X or XD if you want to make clear that a mutual fund recently paid a capital gain or dividend. Maybe practice will teach you best, that’s what it was like for me.

X or XD for noticing that a mutual fund recently paid capital gain

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