What are1. Determine investment goals2. Estimate savings requirements and set priorities3. Determine acceptable level of investment risk4. ID investment alternatives5. Select the appropriate investment approach6. Monitor & review the investment plan? Home
The profit a securities or capital investment usually, an annual percentage rate
What is a fund purchases assets and sells shares like a mutual but which can be traded like a stock because the shares represent proportional ownership Home
Two Acts which regulates investment companies
What are:Sale of shares1. Securities Act of 19332. Securities Exchange Ac t of 1934Operations Company Act of 1940 (operations Investors Advisement Act of 1940 Daily Double = 600 points Home What does SEC stand for?
Two ways to measure administrative performance of funds
What are expense ratio and income ratio? E/R = Total operating expenses ÷fund net assets I/R= Total operating expenses ÷ Fund Incomes Total operating expenses includes management fees and expenses Home