Download or read book The ABCs of Mutual Funds 2009 written by and published by . This book was released on 2009 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The ABCs of Mutual Funds written by Robert Anthony Chechile and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone desires to control their financial destiny; but many feel overwhelmed, fearful, or uncertain how this can be accomplished. Lectures on personal finance are rarely offered; and when "free" presentations--called seminars--are promoted, they are far from an educational experience. The underlying objective is to solicit sales of securities for which the presenter, a financial advisor, receives a commission. However acquired, the investment company is the investment of choice for the individual investor. Therefore, in The ABCs of Mutual Funds, author Robert Anthony Chechile explains the different investment company securities: mutual funds, contractual plans, hedge funds, exchange traded funds, folios, unit investment trusts, and variable annuities. Mr. Chechile discusses the securities industry: the differences between full service and discount securities dealers and the role and legal obligations of stockbrokers, as well as financial planners, and investment advisors. For those seeking financial control, he explains how to minimize risk with capital allocation and diversification guidelines; and presents conventional wisdom investment strategies that can avoid being caught in the fear-greed trap. Finally, Mr. Chechile recommends investment guidelines and selection criteria, and uses these to construct a hypothetical investment company portfolio, the future performance of which is then critiqued 71/2 years later.
Download or read book The ABCs of Mutual Funds written by and published by . This book was released on 2009 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Abcs of Mutual Funds written by Z. Jay Wang and published by . This book was released on 2009 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, many load funds introduced additional share classes that give investors the choice of paying back-end loads and/or annual fees instead of front-end loads. The transition to a multiple-class structure provides a well-controlled setting for research with regard to investor clienteles and fund performance. We examine (a) whether the new fee structures increase the level and volatility of fund cash flows by attracting new investor clienteles; (b) whether changes induced in fund flow characteristics by the new investor clienteles affect fund performance - despite little change in fund management and investment objectives. We find that investors in the new classes tend to have a shorter investment horizon and greater sensitivity to past fund performance than investors in the front-end load class. Introducing the new classes attracts significantly more new money in the first one to two years, controlling for performance and other fund attributes. The downside, however, is that about two years after introducing the new classes, funds experience a significant drop in performance, which is expected to substantially erode the cash flow growth induced by the new classes. The results in the paper have significant implications for empirical studies of mutual funds using the data in the 1990s.
Download or read book Investment Criteria for Mutual Fund Selection written by Jan Harkopf and published by Anchor Academic Publishing. This book was released on 2016-10 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of mutual funds for individual investors has increased in recent decades. This becomes apparent when looking at the increased share of households owning mutual funds. These mutual fund investors usually want to receive a return which is above or at least close to the mutual fund’s benchmark. Consequently, investors want to invest in those funds which will show these patterns in the future. Some of these mutual funds receive much attention, since they generate extraordinary high performance. But the question that remains is whether it is possible to predict such performance before funds exhibit such outstanding performance. In the past, mutual fund investors focused extensively on performance or performance linked patterns, like the Morningstar star rating, and thus chased past performance. This seems surprising since performance persists only over a short time and is more persistent to weak mutual funds (1 and 2 star rated) than well performing mutual funds. Thus, chasing past performances seems to be a rather inferior strategy. Therefore, investors should try to identify alternative tools showing a high correlation to future mutual fund performance. In this book, mutual funds are analysed, especially open-end mutual funds and actively managed mutual funds. The main focus is on what purpose and usefulness active investments have and whether performance is persistent and what the determinants of mutual fund flows are. Moreover, some alternative measures will be introduced by explaining which attributes or methods should be used and avoided when selecting mutual funds.
Download or read book Code of Massachusetts regulations 2009 written by and published by . This book was released on 2009 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt: Archival snapshot of entire looseleaf Code of Massachusetts Regulations held by the Social Law Library of Massachusetts as of January 2020.
Download or read book The Abcs of Mutual Funds written by Vikram K. Nanda and published by . This book was released on 2009 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, a large majority of funds with front-end loads introduced additional share classes, which allowed investors to pay annual fees and/or back-end charges instead of a front-end load. The transition to a multiple-class structure provides a natural experiment with regard to investor clienteles and fund performance. We examine (a) whether the new fee structures increase fund cash flows by attracting investors with different investment horizons and sensitivities to performance; (b) whether changes in the volatility and level of fund flows induced by new investor clienteles affect fund performance - despite little change in fund management and investment objectives. Our finding is that the multiple-class funds, after controlling for performance and fund attributes, attract significantly more new money than the single-class funds. Consistent with the clientele hypothesis, investors in the new classes tend to have a shorter investment horizon and a greater sensitivity to fund performance than investors in the front-end load class. The downside to introducing the new classes, however, is a significant drop in fund performance, which erodes the cash flow benefit of the new classes. Furthermore, the performance drop is shown to be increasing in the relative size of the new classes and in the volatility of their fund flows.
Download or read book The ABCs of Mutual Funds written by and published by . This book was released on 2006 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The ABCs of Mutual Funds 2007 written by and published by . This book was released on 2007 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Mutual Funds Work written by Albert J. Fredman and published by Putnam Juvenile. This book was released on 1998 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: "How Mutual Funds Work" outlines the stock market, the bond market, asset allocation, index funds, variable annuities, tax considerations, and the role of computers. Fredman and Wiles provide a Q&A section with the 100 most important questions and their easily digested brief answers.
Download or read book The ABCs of Mutual Funds 2008 written by and published by . This book was released on 2008 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The A B C of Mutual Funds written by Amando B. Isip and published by . This book was released on 1959 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Mutual Funds written by Arnold Corrigan and published by . This book was released on 1987 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fundamentals of Mutual Funds 2010 written by and published by . This book was released on 2010 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mutual Funds and Exchange traded Funds written by Harold Kent Baker and published by Oxford University Press, USA. This book was released on 2016 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mutual Funds and Exchange-Traded Funds: Building Blocks to Wealth provides a fresh look at this intriguing but often complex subject. Its coverage spans the gamut from theoretical to practical coverage.
Download or read book The Fund Industry written by Robert Pozen and published by John Wiley & Sons. This book was released on 2011-01-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every investor, student of finance and participant in the mutual fund industry needs to read this book The Fund Industry details how mutual funds are marketed, regulated, and invested in stocks and bonds. The book also describes the critical factors needed to choose a specific fund for your investment or retirement plan, including what to look for when reading prospectuses, shareholder reports and third party reviews. In addition, the book: Discusses the spread of mutual funds to Asia, Europe, and Latin America Compares mutual funds to other investment vehicles such as hedge funds and ETFs Shows how to sort mutual funds by categories and subcategories based on security type and investment objective Other titles by Pozen: Too Big to Save? How to Fix the U.S. Financial System, also by Wiley Fundamentals of the Fund Industry is the most in-depth and up-to-date guide to navigating the mutual fund industry, written in an accessible style with many examples and charts.
Download or read book Enrolled Agent Exam Study Questions written by and published by The Phoenix Tax Group. This book was released on with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt:
