Briefly describe each of the following types of mutual funds: a. Aggressive-growth funds b. Equity-income funds c.
Question:
Briefly describe each of the following types of mutual funds:
a. Aggressive-growth funds
b. Equity-income funds
c. Growth-and-income funds
d. Bond funds
e. Sector funds
f. Socially responsible funds
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Mutual funds come in a wide variety a Aggressive growth funds are highly speculative funds that concentrate on obtaining large capital gains These fun...View the full answer
Answered By
Mary Njunu
I posses Vast, diversified knowledge and excellent grammar as a result of working in ACADEMIC WRITING for more than 5 years. I deliver work in various disciplines with assurance of quality work. I purpose at meeting the clients’ expectations precisely. Let’s work together for the best and phenomenal grades.
4.90+
928+ Reviews
2551+ Question Solved
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Question Posted:
Students also viewed these Accounting questions
-
Briefly describe each of the following types of mergers: (a) Horizontal, (b) Vertical, (c) Congeneric, and (d) Conglomerate.
-
Briefly describe each of the following financial institutions: commercial banks, investment banks, mutual funds, hedge funds, and private equity companies.
-
Briefly describe each of the following motives for merging: (a) Growth or diversification, (b) Synergy, (c) Fund raising, (d) Increased managerial skill or technology, (e) Tax considerations, (f)...
-
A group of investors is considering buying the Wheelwright Corporation, but does not want to contribute to the companys financial support after the purchase. Wheelwrights management has offered the...
-
Do you think Chinese MNEs warrant a new theoretical approach to understanding multinational firms and their reasons for internationalizing?
-
Visit the Federal Trade Commission website (www.ftc.gov). Describe the issues the FTC is concerned with in terms of consumer protection and marketing.
-
Prepare a balance sheet and income statement for Lieberman Inc. from the following information. Inventory $6,500 Common stock 45,000 Cash Operating expenses Short-term notes payable Interest expense...
-
The bank portion of the bank reconciliation for Goulet Company at October 31, 2014, was as follows. The adjusted cash balance per bank agreed with the cash balance per books at October 31. The...
-
1. A planet is revolving around the sun in an elliptical orbit. The mass of planet is m, angular momentum of planet about sun is L, and length of semi major axis is a and eccentricity is e. Time...
-
A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each of the activities are as follows: a. Provide...
-
Describe a back-end load, a low load, and a hidden load. How can you tell what kinds of fees and charges a fund has?
-
What is an asset allocation fund and how does it differ from other types of mutual funds?
-
Derive an expression for the equivalent spring constant when two similar springs are connected: (a) in parallel, (b) in series.
-
1)It must describe the dynamics and scope of the social problem. This requires doing research. 2)It must use the triangle model of social analysis by thinking through the role of ideology and...
-
Motivational Moments Review the definition of motivation, motivational theories, and motivational strategies. What concepts/theories best explain your motivational moments? In other words, what...
-
How do organizations cultivate a culture of open innovation, leveraging crowdsourcing platforms, collaborative networks, and cross-industry partnerships to harness external knowledge and drive...
-
Braeden Sim is the accountant for Sim's Internet Service. From the following information, his task is to construct a balance sheet as of April 30, 201X, in proper form. Could you help him? (Click the...
-
List precautions and contraindications for superficial heat and cryotherapy. List precautions and contraindications for use of ultrasound and electrical stimulation.
-
What are some purpose and uses of poultry?
-
Havel says the grocer doesnt believe what is on the sign and indeed, he says the grocers customers will barely notice it. But Havel maintains that the sign serves a specific function. How would you...
-
If the Baseball Shoppe has an 8 percent ROA and a 20 percent payout ratio, what is its internal growth rate?
-
If the Garnett Corp. has a 15 percent ROE and a 25 percent payout ratio, what is its sustainable growth rate?
-
First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a $5,000 deposit in each bank, how...
-
Can you explain key factors that will contribute to the success or failure of a business plan based on: product differentiation branding and marketing distribution and availability effective supply...
-
The idea that teens seem to share many similar behaviors is an example of: a. Generational microculture b. Age-based microculture c. Gender microculture d. Social class microculture
-
Topic of this Week's discussion is... Entry Strategies and Strategic Alliances Global Marketing and R&D The opening case explores the development of blockchain technology and how it has the...
Study smarter with the SolutionInn App