Management and Organizational Studies 2277A/B Chapter Notes - Chapter 13: Mutual Fund, Money Market, Market Price

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2277A/B
• Professor: Barry Hawn

Document Summary

And investment vehicle that pools together money from many investors and invests that securities. Marketability - the ease with which an investor can convert an investment to cash. Equity mutual funds - funds that sell units to individuals and use this money to invest in stocks. Bond mutual funds - funds that sell units to individuals and use this money to invest in bonds. Balanced mutual funds - funds that sell units to individuals and use this money to invest in a com bonds. Money market mutual funds - funds that sell units to individuals and use this money to invest in that can be quickly converted into cash. Mutual funds employ portfolio managers who choose the investments. Ease of access that money in a variety of cks a combination of stocks and st in cash and investments. Net asset value (nav) - the market value of the securities that a mutual fund has purchased min owed.