Many mutual funds have a minimum initial investments. E.g. many vanguard funds have a minimum of...
Many mutual funds have a minimum initial investments. E.g. many
vanguard funds have a minimum of $3000, so if you have less than
that amount, you have no access to this fund. For most ETF you can
buy shares with much smaller investments.
True or False?
Homework Answers
Answer: True.
Most Mutual funds require Minimum Initial Investment. Generally, this Minimum Initial Investment ranges from $500 to $3000.
While the shares of ETF (exchange-traded funds) can be brought with much less Investments.
Add Answer to:
Many mutual funds have a minimum initial investments. E.g. many
vanguard funds have a minimum of...
one primary difference between and exchange trade fund (EFT) and a mutual fund is : a....
one primary difference between and exchange trade fund (EFT) and a mutual fund is : a. you can't buy puts and calls for an ETF b. you can buy one share of an ETF whereas you have a minimum investment in most mutual funds c. You can trade the EFT during the day whereas mutual funds are settled at the end of the trading day d. b) and c)
5) Which one of these correctly applies to mutual funds? A) You can generally buy additional...
5) Which one of these correctly applies to mutual funds? A) You can generally buy additional shares in the fund at any time. B) Funds are required to limit their annual fees and expenses to less than 1 percent of the portfolio value. C) Mutual funds are a costly means of achieving portfolio diversification. D) Shareholders sell their shares to other shareholders.
32. You have analyzed the returns of mutual funds X and Y for the last several...
32. You have analyzed the returns of mutual funds X and Y for the last several years and have gathered the following information. Fund X: Annual Return: 16% Standard Deviation: 20% Fund Y: Annual Return: 14% Standard Deviation: 16% The correlation coefficient between the two funds is 0.35. If your portfolio consists 60% of Fund X and 40% of Fund Y, calculate the standard deviation of this two-asset portfolio. A. Less than 18.4% B. 18.4% C. Greater than 18.4% D....
Question 2 You plan to buy 500 shares of “UNIc” at $20. Given that the initial...
Question 2
You plan to buy 500 shares of “UNIc” at $20. Given that
the initial margin is 40% and maintenance margin is 30%. At what
price you will receive a margin call?
Can anyone help me with those two questions with
detailed explanations? Appreciate with thanks.
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CDs are a very safe investment because they are usually insured by the U.S. government. (There are some CDs that are not insured so it is important to always check!) Because they are so safe, CDs earn low rates of interest. The amount earned on an investment is often called the return. In general, investments with higher risk also have the potential for higher rates of return. For example, if you invest in a stock, which is like buying a...
According to the Normal model N(0 063,0.022) describing mutual fund returns in the 1st quarter of 2013, determine what percentage of this group of funds you would expect to have the following retu...
According to the Normal model N(0 063,0.022) describing mutual fund returns in the 1st quarter of 2013, determine what percentage of this group of funds you would expect to have the following returns, Complete parts (a) through (d) below a) Over 6 8%? c) More than 1%? b) Between 0% and 76%? d) Less than 0%? is□% a) The expected percentage of returns that are over 68% Type an integer or a decimal rounded to one decimal place as needed)...
Jennifer is interested in the mutual fund RBC U.S. Index Fund – Series A. She has...
Jennifer is interested in the mutual fund RBC U.S.
Index Fund – Series A. She has a few questions for
you before she buys this investment.
a) Does the reported fund’s return include the Management
Expense Ratio (MER) ? Yes or No
b) What type of fee is charged: No-load, Front-end load or a
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c) Is the status of this mutual fund classified as a closed-end
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You don't need to be rich to buy a few shares in a mutual fund. The...
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509 CHAPTER 12 MUTUAL FUNDS AND EXCHANGE-TRADED FUNDS Case Problem 12.2 Calvin Jacobs Seeks the Good...
509 CHAPTER 12 MUTUAL FUNDS AND EXCHANGE-TRADED FUNDS Case Problem 12.2 Calvin Jacobs Seeks the Good Life G3 G4 Calvin Jacobs is a widower who recently retired after a long career with a major Midwestern manufacturer. Beginning as a skilled craftsman, he worked his way up to the level of shop super Visor over a period of more than 30 years with the firm. Calvin receives Social Security benefits and a generous company pension. Together, these amount to over $4,500...
5) Which one of these correctly applies to mutual funds? A) You can generally buy additional shares in the fund at any time. B) Funds are required to limit their annual fees and expenses to less than 1 percent of the portfolio value. C) Mutual funds are a costly means of achieving portfolio diversification. D) Shareholders sell their shares to other shareholders.
32. You have analyzed the returns of mutual funds X and Y for the last several years and have gathered the following information. Fund X: Annual Return: 16% Standard Deviation: 20% Fund Y: Annual Return: 14% Standard Deviation: 16% The correlation coefficient between the two funds is 0.35. If your portfolio consists 60% of Fund X and 40% of Fund Y, calculate the standard deviation of this two-asset portfolio. A. Less than 18.4% B. 18.4% C. Greater than 18.4% D....
Question 2
You plan to buy 500 shares of “UNIc” at $20. Given that
the initial margin is 40% and maintenance margin is 30%. At what
price you will receive a margin call?
Can anyone help me with those two questions with
detailed explanations? Appreciate with thanks.
Question 1 Explain whether the following is True or False. A. Ordinary investors cannot access to the primary security market as it is designed for funding raising at the corporate level. B. Money...
According to the Normal model N(0 063,0.022) describing mutual fund returns in the 1st quarter of 2013, determine what percentage of this group of funds you would expect to have the following returns, Complete parts (a) through (d) below a) Over 6 8%? c) More than 1%? b) Between 0% and 76%? d) Less than 0%? is□% a) The expected percentage of returns that are over 68% Type an integer or a decimal rounded to one decimal place as needed)...
Jennifer is interested in the mutual fund RBC U.S.
Index Fund – Series A. She has a few questions for
you before she buys this investment.
a) Does the reported fund’s return include the Management
Expense Ratio (MER) ? Yes or No
b) What type of fee is charged: No-load, Front-end load or a
Back-end load?
c) Is the status of this mutual fund classified as a closed-end
or open-end mutual fund?
d) Based on your response in c), explain...
509 CHAPTER 12 MUTUAL FUNDS AND EXCHANGE-TRADED FUNDS Case Problem 12.2 Calvin Jacobs Seeks the Good Life G3 G4 Calvin Jacobs is a widower who recently retired after a long career with a major Midwestern manufacturer. Beginning as a skilled craftsman, he worked his way up to the level of shop super Visor over a period of more than 30 years with the firm. Calvin receives Social Security benefits and a generous company pension. Together, these amount to over $4,500...
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