Study Guides (248,566)
Canada (121,626)
Business (1,240)
BU111 (273)
Final

Alternate Types of Investment - Mutual Funds all the notes pertaining to Mutual Funds. includes sample calculations, diagrams, and examples

1 Page
69 Views
Unlock Document

Department
Business
Course
BU111
Professor
Jim Mc Cutcheon
Semester
Fall

Description
L7BU11112102011Alternate Types of InvestmentMutual FundsAn investment vehicle that pools money from many different investors and reinvests the money in a portfolio of securities for example bonds stocks real estate mortgages etcOne of the most popular forms of investment amongst small investorsCharacteristics of Mutual FundsOpen Endedmutual funds are said to be open ended investments because they continuously sell new shares in the fund called units to the investigating publicRight of RedemptionDetermining the Unit PriceThe current market value of one share in a mutual fund is determined by the following formulaShare valueCMV of all assets held by fundLiabilities
More Less

Related notes for BU111

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit