Cage Rage Sports Facility was started to provide the youth of North Fulton a convenient place to practice, develop skills, and have fun. The founder is a former Division I college baseball player who coaches locally and has a daughter and two sons who participate in the Roswell and Alpharetta youth programs. Despite many great facilities in the metro area, he felt the Roswell/Alpharetta area had a need for a “Home Field” to develop our athletes and help keep our parents out of traffic!
When investors leave an exchange fund they do not receive a cash distribution. Instead, they get a basket of individual stocks. "Depending on the fund, this distribution may consist of a pro rata share of all stocks held by the fund, or only a handful of specific fund holdings," says Richard Tagg, vice president of Charles Schwab & Co.'s strategic trading group in San Francisco. Like the investor's original stock contribution, this closing distribution is a nontaxable event. It's only when these distributed shares are actually sold that the investor must recognize a capital gain or loss.