POP. The price at which a new securities offering is made available to the public.
The price of a new issue of securities at the time that the issue is offered to the public.
Price at which the public can buy new issues of stock or other types of securities. For mutual fund shares, POP is the price at which you can invest in the fund. For a fund with a front-end load, POP is the net asset value plus the sales fee; for other types of funds, POP is the same as the net asset value.
The price at which a new issue of securities is offered to the public by underwriters (open-end mutual funds are new issue securities). In the case of a load mutual fund, this price is the net asset value (NAV) plus the sales charge. In the case of a no-load fund, it is the NAV.
The price at which underwriters offer a new issue to the public.
The price at which a security is offered to the public. With a mutual fund, the public offering price includes the sales charge or load, if applicable.
The price of the new issue offered to the public by the underwriters.
A mutual fund share's purchase price, including sales charges. qualified plan: A plan which the Internal Revenue Service approves as meeting the requirements of Section 401(a) of the 1954 Internal Revenue Code. Such plans receive tax advantages. rating agency: A firm which thoroughly evaluates all aspects of a company's operations in order to determine its financial quality and issues debt and claims-paying-ability ratings (e.g. Moody's Investors Service and Standard & Poor's Corporation).
The price an investor pays for a share of a Load mutual fund. The POP is calculated by taking the Net Asset Value (NAV) and adding any load costs, charged by the Mutual Fund Company to maintain the fund. If the fund is a No-Load fund the POP and the NAV are the same.
The aggregate value of securities in a unit investment trust fund, divided by the number of units, plus the applicable sales charge. This is the price at which units are offered for sale to the public.
The purchase price of one share of an open-end unit trust, including the sales charge. The POP is equal to the NAV plus the sales charge.
The price at which a new issue is offered to the public by underwriters. See: Initial Public Offering; New Issue; Offering Price; Underwrite
The amount paid by a purchaser of a primary offering. For an IPO, the POP is fixed on the effective date, and may appear on a final prospectus. For the Class A Shares of a mutual fund the POP is equal to the Net Asset Value plus any Sales Charge.