YU#10MutualFunds

YU#10MutualFunds - Lecture #10-Personal Financial Planning...

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Lecture #10-Personal Financial Planning AGENDA 1. Retirement Planning-Continued Chapter #17- Page #430 (K real, AT, Formula) Multiple Choice Questions Page #436-Both Examples Problem #4, Page #465 2. Retirement Planning Article (Class Handout) 3. Mutual Funds-Chapter #16
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Chapter #16-Mutual Funds Learning Objectives : Distinguish between the different types of mutual funds. Understand the advantages and disadvantages of investing in mutual funds. Understand the fee structure. Assess the different risk.
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Defining Mutual Funds What are Mutual Fund? Pools of funds contributed by many different investors. Each investor owns a share proportionate to the money put in. A mutual fund company administers the money. The Administrator invests in a wide variety of income-earning assets. Investors share in the income and capital.
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Types of Mutual Funds Open Ended: company continuously sells new units/shares and invests the new cash. new investors buy in at the market value ( net asset value per share ), which is updated each evening.
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This note was uploaded on 10/16/2011 for the course ADMS 3541 taught by Professor Staff during the Fall '10 term at York University.

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YU#10MutualFunds - Lecture #10-Personal Financial Planning...

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