Frequently Asked Questions

We want to help answer your questions. You can find responses to common inquiries – such as accessing your account online, information about our Rollover IRA, or how to download specific fund literature – simply by choosing a topic below and clicking on the appropriate question.

If you don’t find the answer to your question, please feel free to contact us using the link below.

		International Funds
			I'm a working man in my mid-thirties who has been investing in the Armada International Growth Fund for about five years, with no immediate plans to change my financial status or goals. Should I keep investing in this fund in spite of uncertainties about the Asian Market?
			What's a "euro" and how will it affect investments in Europe?
		IRA Rollovers
			What is a Rollover IRA?
			What situations trigger a rollover?
			How can I move my funds to an Armada Funds IRA from my employer-sponsored retirement plan?
			Are all distributions from an employer-sponsored retirement plan eligible for a rollover into an IRA?
			How do I establish a Direct Rollover to avoid mandatory federal tax withholding?
			Can I roll over only part of the money I receive from my employer-sponsored retirement plan to an IRA?
			Can I use a Direct Rollover to move my IRA at another financial institution to a new Armada Funds IRA?
			When I roll over my money into an IRA, is any tax reporting required?
			What investment options are available for my rollover from Armada Funds?
			How do I find out more about a Direct Rollover of my employer sponsored plan to Armada Funds?
			Do you offer any investment products other than mutual funds?
			I'm interested in opening an IRA. Do you have any fees? Do you offer a Roth IRA?
			Who do I call if I want to work with a Financial Consultant?
			Who manages Armada Funds?
			How do I know which Armada Fund is right for me?
			What is the minimum initial investment to open an account in Armada Funds?
			What are A Shares and B Shares (Retail shares), and how do they differ?
			What are I Shares (Institutional Shares)?
			Can I access information about Armada Funds over the telephone?
			Do you offer check-writing privileges on Money Market Funds?
		Capital Gains
			Do parents and/or grandparents have to pay capital gains taxes on their children's mutual fund investments if their children have no source of income?
			How are interest and dividends taxed?
			What is the difference between a long-term gain and a short-term gain?
			What is a qualified 5-year gain?
			How do distributions affect a fund’s Net Asset Value (NAV)?
			Do I still pay taxes on the capital gains even if I have them reinvested?
			What is a capital gain?
		Miscellaneous
			I'm a 27-year-old woman who got married two years ago. Before I got married, I made annual deductible contributions to my employer-sponsored IRA, but last year I couldn't because my husband had an employer-sponsored pension plan. If I file my taxes jointly, can I make a contribution now that the Taxpayer Relief Act of 1997 has gone into effect?