Question: v Getting the Smiths Invested Learning Objective: use online services to shop for investment vehicles The Saxton household is trying to find a good investment

Getting the Smiths Invested

Learning Objective: use online services to shop for investment vehicles

The Saxton household is trying to find a good investment to add to their portfolio. They have compiled the following list of characteristics that are important for them. Use online tools to find three mutual funds that closely fit their criteria. They want the following:

Equity Funds
Class "A"
Must have 10 years since inception
Top Quartile Fund for Morningstar for ten year returns

1. Fill out the below table with information on your recommended mutual funds.

Characteristic	Option #1	Option #2	Option #3
Fund Name
Fund Ticker
YTD Returns
1-Year Returns
3-Year Returns
10-Year Returns
Lifetime Average Returns
Inception Date
NAV
Expense Ratio (Net)
Expense Ratio (Gross)
Portfolio Net Assets
12 Month Low
12 Month High
Minimum Investment
Top Holding
% in Top Ten Holdings
Current Fund Manager
Fund Management Group

2. Describe the strategy of each fund based on the information you have found online.

Option #1 ____________________________________________________________________________

_____________________________________________________________________________________

__________________________________________________________________________________________________________________________________________________________________________

_______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Option #2 ____________________________________________________________________________

_____________________________________________________________________________________

__________________________________________________________________________________________________________________________________________________________________________

Option #3 ____________________________________________________________________________

_____________________________________________________________________________________

__________________________________________________________________________________________________________________________________________________________________________

3. Which option would you most recommend? Why?

__________________________________________________________________________________________________________________________________________________________________________

_____________________________________________________________________________________

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

7. Getting the Smiths Invested Learning Objective: use online services to shop for investment vehicles The Smith household is trying to find a good investment to add to their portfolio. They have...

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...

i need some one toanswering these three questions. make sure to include apa format for the information pretty straight forward. Attached below are the chapters. Chapter 7: 7.2 #2 (p. 168) Chapter 8:...

Chapter 7:7.2 #2 (p. 168) Chapter 8:8.2 #3 (p. 205) Chapter 9:9.2 #1 (p. 225) a., b., and c. (for c., only answer the adjustable rate mortgage part Chapter 7 from Personal Finance was adapted by The...

All class members are expected to prepare a typed single-spaced ( 12 point Times New Roman font with 1 inch margins) 1-2-page summary (TWO PAGES ABSOLUTE MAXIMUM-may be bullet pointed) for any FOUR...

Read below and look around at your organization, whether your school or workplace. What three ideas can you come up with right away for possible innovations? How would your ideas, if implemented,...

For some years now, you've owned a small specialty bookshop in a college town. You sell some textbooks but mainly cater to a broader customer base. Your store always stocks the latest fiction,...

These are what my teacher expects for a strategic analysis essay: "Strategic Case Analyses - Case studies provide important windows into the real problems that firms are trying to solve. Note, since...

Chapter 12:12.3 #4 (p. 305) What kinds of risk are included in investment risk? Go online to survey current or recent financial news. Find and present a specific example of the impact of each type of...

Please answer all questions. I need Pestle analysis, 5 force analysis or VRIO analysis done and it needs to be on this case study: IKEA's international marketing strategy in china. 4. Markets with...

Matthew Reedmer owns two Matthews Models stores in Florence, South Carolina. He believes that the stores have been successful and he wants to open a new store in Sumter about 30 miles west of...

Calculate the expected TEV of the following actively managed portfolio given the following assumptions about asset class returns. Fixed Income Domestic Equity Intl Developed Equity Intl Emerging...

Depository institutions generally rely on each other for cash and to meet their daily liquidity needs. True False

PE 12-4 Debt Ratio Using the following data, compute the debt ratio. Accounts Payable Accounts Receivable Building Cash Capital Stock Inventory Land Long-Term Notes Payable Market Value of Equity Net...