Mutual fun - Study guides, Class notes & Summaries

Seg Funds and Mutual Funds Questions and Answers Already Passed On November 6, 2016 Jenny purchased a $200,000 non-registered segregated fund that invests in Canadian equities. The segregated fund has a 10 year, 75% maturity guarantee. If this fund matures on November 6, 2026 with an account value of $160,000, how much will Jenny receive from the maturity guarantee? $0 When presented with a choice between a bank's 5-year GIC and an insurance company's deferred annuity for the same time perio...

On November 6, 2016 Jenny purchased a $200,000 non-registered segregated fund that invests in Canadian equities. The segregated fund has a 10 year, 75% maturity guarantee. If this fund matures on November 6, 2026 with an account value of $160,000, how much will Jenny receive from the maturity guarantee? $0 When presented with a choice between a bank's 5-year GIC and an insurance company's deferred annuity for the same time period, why might this client choose the deferred annuity? An ann...

Mutual Funds Administration UPDATED Exam Questions And CORRECT Answers mutual funds as corporation or trust - CORRECT ANSWER- -separate entity from the company that manages the fund. -structured as corporation or as a trust. mutual fund trust - CORRECT ANSWER- investors in mutual fund trust are called unitholders -trusts or trustess govern the fund. there is no board of directors -investors or unit holders typically do not have the authority to appoint mutual fund corporation - CORRE...

IFIC - Section 5 Chapter 14 - Understanding Mutual Fund Performance well answered to pass

Mutual Fund Liquidation -Initial Steps to Liquidation 1. Approval of Dissolution and Liquidation of the Series 2. Preparing a Plan of Liquidation 3. Announcement of Liquidation to Shareholders and the General Public 4.Commencement of Conversion of Portfolio to Cash/Cash Equivalents; Payment of Debts, and/or Setting Aside of Reserves 5. Closing or Cessation Date a. Other Considerations: Suspending a Fund's Reporting Obligations under the '34 Action ---Section 13A 6.. Payment of Liquida...

Seg Funds and Mutual Funds Exam Questions and Answers (Graded A) On November 6, 2016 Jenny purchased a $200,000 non-registered segregated fund that invests in Canadian equities. The segregated fund has a 10 year, 75% maturity guarantee. If this fund matures on November 6, 2026 with an account value of $160,000, how much will Jenny receive from the maturity guarantee? -Correct Answer-$0 When presented with a choice between a bank's 5-year GIC and an insurance company's deferred annuity f...

SEG FUNDS AND MUTUAL FUNDS EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+SEG FUNDS AND MUTUAL FUNDS EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+

Seg Funds and Mutual Funds Exam Questions and Answers

Mutual Funds Administration Overview UPDATED Exam Questions And CORRECT Answers Mutual Fund Organization - CORRECT ANSWER- Describes the formation and components of mutual funds Trust vs. Corporation - CORRECT ANSWER- Distinguishes between mutual fund structures as trusts or corporations Unitholders - CORRECT ANSWER- Investors in a mutual fund trust, distinct from shareholders in a corporation Investment Fund Manager - CORRECT ANSWER- Responsible for managing fund investments and d...

Seg Funds and Mutual Funds Exam Questions and Answers