Inv & Sec TEKS Spring

Mutual funds pass their expenses to

 

• Pertfolio Managers

• Shareholders

• CEO's

• Public

Lower interest rates can encourage corporations or government agencies to issue more bonds, which requires more underwriting activity by securities firms. The market values of bonds held as investments by securities firms increase as interest rates decline. This type of risk is called       

• Exchange Rate Risk

• Credit Risk

• Interest Rate Risk

• Market Risk

Mutual funds are a pooled collection of assets that invest in stocks, bonds, and other securities sometimes referred to as "open-ended funds" because they are open to investors, meaning that they will sell shares to investors

• Some of the time

• At any time

• Never

These funds are composed of stocks that, in aggregate, are expected to move in line with a specific index

• Specialty Funds

• Index Funds

• Mulit-Funds

These funds focus on a group of companies sharing a particular characteristic

• Specialty Funds

• Index Funds

• Mult-Funds

These funds invest in a portfolio of different mutual funds

• Specialty Funds

• Index Funds

• Mult-Funds

This type of bond mutual fund is composed of bonds that offer periodic coupon payments and vary in exposure to risk

• Income Funds

• Tax-Free Funds

• High Yield Bond Funds

• International and Global Funds

This type of bond mutual fund contains municipal bonds

• Income Funds

• Tax-Free Funds

• High-Yield Bond Funds

• International and Global Funds

This type of bond mutual fund is often referred to as "junk" bond funds and are issued by highly leveraged firms

• Income Funds

• Tax-Free Funds

• High-Yield Bond Funds

• International and Global Funds

A type of fund that is designed to mimic particular stock indexes and are traded on a stock exchange just like stocks

• Exchange Traded Funds

• Close-ended Funds

• Private Equity Funds

• Venture Capital Funds