GEOG 1000 Lecture Notes - Mutual Fund, Emerging Markets, Money Market Fund
Document Summary
A professionally managed investment that pools funds from many investors to buy securities, however they are not exchange-traded. Used as a basis for validation of investment company shares; calculated daily: the price when buying new shares, redeeming/selling existing shares. Nav: market value of assets liabilities / shares outstanding. The most conservative mutual funds and invest primarily in government bonds or equally safe corporate bonds, gic"s, short-term bonds. These invest in treasury bills, debentures, corporate, and government bonds, and mortgages. Their aim is to provide high, regular income payments with the possibility of some capital gains. Appropriate for investors seeking capital gains and long-term growth. Types include: dividend funds, cdn equity funds, foreign equity funds, aggressive growth funds, emerging market funds, value funds. Provides a combination of income and growth by investing in a mixed portfolio of common stock, preferred shares, bonds, and cash.
