21.   Investors redeemed more shares of municipal bond funds in October than they purchased for the seventh month this year, the industry trade group said.

22.   Investors in a mutual fund can redeem shares and check fund performance daily.

23.   Investors who want to redeem their shares, for example, can do so at any time.

24.   Its shares will be redeemed at net asset value next year.

25.   My financial adviser suggests I redeem these shares and buy corporate notes.

26.   Mutual funds, by contrast, issue and redeem shares on demand, always at their net asset value.

27.   Open end fund managers, by contrast, must redeem shares upon demand at their net asset value.

28.   One reason is that many longtime fund investors are now redeeming fund shares to enjoy some of their gains.

29.   Ordinarily, a company legally cannot force you to redeem your shares or buy more, says John Heine, a spokesman for the Securities and Exchange Commission.

30.   Regular mutual funds sell and redeem shares directly with their shareholders, which costs more than dealing with a few large customers.