1.   Although funds can make partial distributions of any gains earlier in the year, most funds make their largest payout in the latter half of December.

2.   And because the pension funds make investments for the long term, city officials say they are not concerned by a bad year or two.

3.   And for months, the fund made the situation worse for the poor, requiring cuts in social programs before it would provide loans to forestall default.

4.   And he went on to say that a Holocaust fund would only make it more difficult to resolve the crisis.

5.   A fund makes no such promise.

6.   A fund will generally make only one major distribution of capital gains a year, typically, but not always, just after its fiscal year ends.

7.   A. Probably the biggest factor you overlooked when you researched this investment is that gold and precious metals funds have historically made horrible long-term investments.

8.   But the fund has made it clear that it will not provide more aid until the government demonstrates its ability to cut spending and collect taxes.

9.   But the report has already ruled out requiring the funds to make explicit disclosures of specific investment positions and strategies.

10.   But the Tax-Managed Growth and Income fund made no capital gains distributions at all.