What is a prospectus? How does an investor obtain one? What information does a prospectus provide?
Answer to relevant QuestionsWhere can an investor find price quotations for closed end and open end funds? What information will be provided in a quotation for open end funds? What information will be provided in a quotation for closed end funds? What is an open end mutual fund? What types of companies usually manage open end funds? Describe how these funds work on a day to day basis. Mark owns a mutual fund with a NAV of $ 45.00 per share and expenses of $ 1.45 per share. What is the expense ratio for Mark’s mutual fund? What types of mutual funds should the Sampsons consider, given their investment objective? What factors influence a portfolio’s risk? Explain.
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