Invest.txt

Invest.txt -...

  • No School
  • AA 1
  • 2

This preview shows page 1 - 2 out of 2 pages.

- Trust-Infographic_R32.png Fees - initial service charge - management fees - switching fees (switch from equity to money market) - exit fees - switching fees ---------------------------------- Type of investment Bond - borrow money to a company - receive interest as return - low potential Stock Warrant - stock with leverage Mutual fund - collection of stock and bond Unit Investment trust Index funds are mutual funds chosen to reflect a specific market, such as the S&P 500. ETF is same as mutual fund, which has diversification, but dont have a fund manager, so lower management fees stock ETF and bond ETF - Both typically seek to track an index - both trade on a stock exchange - both give investors exposure to a diversified portfolio of securities in one trade. ------------------------------------ Unit investment trust vs mutual fund - mutual fund more diversified and tend to more active and trade more - mutual fund managed by a group of pro - UIT will have a termination date, when it reach, then the UIT will terminated - UIT differentiate into equity and fixed income(bond? because bond give
Image of page 1

Subscribe to view the full document.

Image of page 2
  • Fall '19

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern