Ifse cifc unit 4 - Study guides, Class notes & Summaries

IFSE - CIFC - Unit 8 Latest Update Graded A Mutual Fund Corporation - investors are shareholders - board of directors governs the fund - board of directors are elected by the shareholders at the fund's annual general meeting Mutual Fund Trust - investors are unit-holders - no board of directors. Governed by trusts or trustees - unit-holders don't have authority to appoint trustees Mutual Funds Complex - mutual fund manager - portfolio manager - custodian - distributor - transfer agent - inde...

3 Common Economic Indicators - ️️1. Gross Domestic Product (GDP) 2. Inflation Rate 3. Unemployment Rate Gross Domestic Product (GDP) - ️️A measure of the total market value of all the final goods and services produced in the economy in a year. Measured in dollars. Consumer Price Index (CPI) - ️️a measure of the overall cost of about 600 goods and services bought by a typical consumer. Calculated in relation to a base year. Increase generally mean less money for investors bein...

IFSE - CIFC - Unit 5 Questions and Answers Graded A Mutual Funds Investments that hold a collection of different securities such as equities and bonds. Holdings Collectively, the securities in a mutual fund The 3 main investment objectives 1. Safety of Principal 2. Income 3. Growth Safety of Principal Strive to protect investors from losing any of their original investment. Investors expect to get back at a minimum the amount of money they put into the investment. Income Provide investors wi...

3 Common Economic Indicators - 1. Gross Domestic Product (GDP) 2. Inflation Rate 3. Unemployment Rate Gross Domestic Product (GDP) - A measure of the total market value of all the final goods and services produced in the economy in a year. Measured in dollars. Consumer Price Index (CPI) - a measure of the overall cost of about 600 goods and services bought by a typical consumer. Calculated in relation to a base year. Increase generally mean less money for investors being able to invest. I...