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Mutual Funds Flashcards | StudBud

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Mutual Funds

8 terms·StudBud Administration·45 plays

#Personal Finance #Financial #Mutual funds #money #bonds #stocks #Literacy #education #bonds #stocks #funds

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Questions 8

Answers

1
NAV is commonly shown per share by the equation....?
NAV + assets - liabilities/ # of shares
NAV + assets/ # of shares
NAV - liabilities/ # of shares
NAV/ # of shares
2
open end mutual funds -
mutual fund is everlasting
A mutual fund that has no revolving credit or liquidity
only sell shares when fund first created
sell shares directly to investors repurchase them when sold
3
Which is not an advantage of a mutual fund...?
Expertise of Portfolio Managers
Can meet specific investment goals
Diversified investment with relatively small investment
Low Risk
4
Closed -end Mutual funds - (* are not correct, just notes)
* price determined by supply/demand
issue shares when first created, but does not repurchase
* Sold on stock exchanges
issue shares when first created, but does repurchase
5
The common minimum investment for a mutual fund is...?
$2,000 - $5000
$5,000 - $10,000
$500 - $3,000
$500 - $5000
6
The Net Asset Value (NAV) of a Mutual Fund is...?
Market value of securities it has purchased - liabilities
It doesn't exist, as a matter of fact LOL HAHAHAHAH
is a basic but very common measure of liquidity
how much you owe
7
Mutual funds that sell shares and invest the proceeds in stocks are called _____? Bonds ____?
Equity mutual funds , Bond Mutual Funds
Stock mutual funds , Bond Mutual Funds
Equity mutual funds , Capital Mutual Funds
Stock mutual funds , Treasury Mutual Fund
8
People Who manage the Mutual Funds are called?
Equity Managers
Portfolio Managers
Financial capitalists
stockbrokers