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Seg Funds and Mutual Funds Exam Questions and Answers

what is the major difference between UITS and open ended companies -Open ended companies are managed but UITS are a portfolio and thus are not managed For A mutual fund to be diversified what is necessary -It must invest 75% of its assets in such a way that no more then 5% of its assets can buy stock in a company when it purchases a company and it cannot own more then 10% of it's voting stock Explain the difference between a funadamentalist and a technilist -a fundamentilist looks at th...

What are the different way a mutual fund can be managed? -As a corporation or a trust. Explain the difference between mutual fund corporations and mutual fund corporations. - Corporation - investors are called shareholders - a board of directors governs the fund - board of directors are elected by the shareholders at the fund's annual general meeting Trusts - unitholders - trusts or trustees govern the fund and there is not board of directors - investors or unitholders typically d...

Seg Funds and Mutual Funds Exam Questions and Answers

Before offering its shares to the public, a mutual fund must have: I 100 investors II 1,000 investors III $100,000 net worth IV $1,000,000 net worth correct answers I and III The transfer agent of a mutual fund would NOT handle which of the following functions? I.Promote the fund to the public II.Cancel (tear up) shares which are redeemed III.Issue new shares to investors IV.Distribute capital gains and dividends correct answers I. An open-end investment company prospectus would pr...

FINA 200 (JMSB EXAMS) PERSONAL FINANCE - LESSONS - LESSON 13 INVESTING IN MUTUAL FUNDS - FINANCIAL PLANNING PROBLEMS CONCORDIA UNIVERSITY

Term Project Part A – Organizational Analysis Organizational Description Organizational Environment State Farm Mutual Automobile Insurance company was founded in 1922 as a “single-line auto insurance company” (State Farm Story, 2017.) Today State Farm Mutual is a parent company with subsidiaries and affiliates that offer approximately 100 products over five lines of business: property and casualty insurance, life and health insurance, annuities, mutual funds and banking products (Fa...

Seg Funds and Mutual Funds Exam Questions and Answers

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