Bus 315 - Week3

Bus 315 - Week3 - Week 3 Introduction III Mutual Funds and...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon
Week 3 Introduction III: Mutual Funds and Institutional Investors - Bodie et al., Ch. 4 1 Jorge Cruz Lopez - Bus 315: Investments
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Mutual Funds and Institutional Investors Objective: To give an overview of institutional investing and the role of institutions in portfolio selection and management. 2 Jorge Cruz Lopez - Bus 315: Investments
Background image of page 2
Mutual Funds and Institutional Investors 1. Investment Companies 2. Mutual Funds 3. Costs of Investing in Mutual Funds 4. Investment Performance of Mutual Funds 5. Information on Mutual Funds 3 Jorge Cruz Lopez - Bus 315: Investments
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
1. Investment Companies 4 Jorge Cruz Lopez - Bus 315: Investments
Background image of page 4
Services of Investment Companies • Administration & record keeping • Diversification & divisibility • Professional management • Reduced transaction costs 5 Jorge Cruz Lopez - Bus 315: Investments
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Net Asset Value (NAV) • Used as a basis for valuation of investment company shares – Selling new shares – Redeeming existing shares • Calculation: 6 ding tan Outs Shares s Liabilitie Assets of Value Market NAV Jorge Cruz Lopez - Bus 315: Investments
Background image of page 6
Types of Investment Companies Mutual funds – Closed-end – Open-end – Load funds Commingled funds
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 26

Bus 315 - Week3 - Week 3 Introduction III Mutual Funds and...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online