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Finance minds: Who knows what an FID is?

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TNDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-01-05 07:44 PM
Original message
Finance minds: Who knows what an FID is?
Is it a fixed income derivative? What I need to know is whether it is a stock, bond or mutual fund.
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BillZBubb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-01-05 08:03 PM
Response to Original message
1. Foreign Income Dividends in some circles
I guess there are other uses for the acronym. What is the context?
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TNDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-01-05 08:11 PM
Response to Reply #1
2. It is a GMAC CM Bank FID
from Morgan Stanley. It was an investment of my mother's and I am trying to do the taxes and Turbotax wants to know what it is and I am clueless.
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BillZBubb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-01-05 11:28 PM
Response to Reply #2
3. I would guess that the investment is in Fiduciary shares
or something of that nature. Fiduciary shares are shares held in a trust--something like a fund. FID would mean fiduciary rather than some other class. That's my best guess.
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