Question

what is MER,PODS, Disversification ,portpholio , long term performance of stocks.
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Management expense ratio is defined as the combined total of management fees, operating expenses and taxes charged for a fund during a given year expressed as a percentage of funds average net assets for that year. All mutual funds have MER.

POD is payable on death. It is an arrangement that an individual makes with financial institutions to designate beneficiaries to their bank accounts and certificate of deposits.

Diversification: it is defined as allocating funds into different stocks or mutual funds inorder to reduce the overall risk. Diversification helps in reducing risk and managing same returns.

Portfolio: Portfolio can be considered as collection of investments held by a financial institution or investment company.

Long term performance of stocks: any performance of a stock when looked at more than 1 year of investment is generally considered as long term performance. It is to look at what returns the fund is giving.

Add a comment
Know the answer?
Add Answer to:
what is MER,PODS, Disversification ,portpholio , long term performance of stocks.
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT