Answer question with as many details as possible.

Briefly explain and differentiate among the following investments. Which offer fixed returns? Which are derivatives securities? Which offer professional investment management? plz give both definations and examples they applicate.

Each point--6(SIX) paragraphs

i) Bonds.

ii) Convertible securities

iii) Preference shares

iv) Mutual funds/Unit trusts

v) Hedge funds

vi) Options

vii) Futures