Fbgm exam study guide - Study guides, Class notes & Summaries

Inverse relationship; lower rates increase bond value one goes up, other goes down Systematic risk Economic environment risk, not eliminated by diversification Unsystematic risk Company-specific risk, reduced by diversification What type of risk can be reduced through diversification? (question) unsystematic risk Mutual fund objectives Value-oriented, growth-oriented, etc. Passively managed mutual funds Mirror stock market returns Actively managed mutual funds Aim for higher returns...