THE FINANCIAL SYSTEM – NATURE‚ EVOLUTION AND STRUCTURE A financial system is an integral part of a modern economy. An effective system of payment for goods and services enables huge production and the specialization of labor in the economy. The word „system‟ means an ordered‚ organized and comprehensive assemblage of facts‚ principles or components relating to a particular field and working for a specified purpose. But the word system in the term „financial system‟ represents a set of closely held
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Chapter Four Mutual Funds and Other Investment Companies INVESTMENTS | BODIE‚ KANE‚ MARCUS Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Investment Companies • Pool funds of individual investors and invest in a wide range of securities or other assets • Services provided: • Record keeping and administration • Diversification and divisibility • Professional management • Lower transaction
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1980s and the beginning of 1990s its mutual fund business was one of the fastest growing mutual fund families in terms of growing account numbers‚ asset size‚ and revenues. Meanwhile‚ thanks to corporate pension plan sponsors directing their funds to large sophisticated and diversified money management firms‚ its institutional business was also growing. Scudder’s mutual fund business was the first to introduce international mutual fund and no-load mutual funds in the U.S. in 1970s. The firm’s investment
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different stock mutual funds (Fund T and Fund U): Forecasted Return CAPM Beta Fund T 9.0% 1.20 Fund U 10.0% 0.80 a. If the risk-free rate is 3.9 percent and the expected market risk premium (i.e. E( RM) - RFR) is 6.1 percent‚ calculate the expected return for each mutual fund according to the CAPM. b. b. Using the estimated expected returns from Part a along with your own return forecasts‚ demonstrate whether Fund T and Fund U are currently priced
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in promoting sale of mutual fund schemes. AMFI has therefore taken the initiative of developing a cadre of trained professional intermediaries. As the first step AMFI launched the certification programme in association with NSE’s Certification in Financial Markets (NCFM) in July 2000 and SEBI has made AMFI Certification compulsory in a phased manner. Intermediaries consisting of individual agents‚ brokers‚ distribution houses and banks engaged in selling of mutual fund products as of now do not
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institutions/funds based on the license issued by Bangladesh Securities and Exchange Commission. An Asset Management Company is authorized to 1. Mutual Fund Operation: Act as issue and portfolio manager of the mutual fund. Mutual funds‚ either Open End or Closed End‚ are fund portfolios pooled together small or large investments from individuals and institutions that are professionally and actively invested in the securities market and dynamically managed by AMC The primary objective of mutual funds is to
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providing information and documents required for KYC compliance. Applicant must be KYC compliant while investing with any SEBI registered Mutual Fund which has subscribed to the services of CDSL Ventures Limited (CVL) for compliance of the KYC procedure. A list of Mutual Funds is available on the website of AMFI at www.amfiindia.com. Subscription to Mutual Fund Units may be made only after obtaining the KYC Acknowledgement at their respective designated Points of Acceptance / Investor Service Centres
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SG-INVESTMENTS At least 50 percent of exam-1 Will come from this study guide Chapters 1-4 Student: ___________________________________________________________________________ 1. The largest one-day percentage decline in the Dow-Jones Industrial Average during the period 1926-2006 occurred on: A. October 19‚ 1987. B. October 28‚ 1929. C. September 17‚ 2001. D. November 6‚ 1929. E. July 19‚ 2002. 2. Based on the period 1926-2006‚ the risk premium for U.S. Treasury bills was: A. 0.0
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A PROJECT REPORT ON MARKETING OF NJ INDIA INVESTS PRODUCTS THROUGH COMMUNICATION FOR NJ INDIA INVEST MASTER OF MANAGEMENT STUDIES (MMS) UNIVERSITY OF MUMBAI SUBMITTED TO SINHGAD INSTITUTE OF BUSINESS MANAGEMENT CHANDIVALI UNDER THE GUIDANCE OF (PROF.RHIZU KRISHNA) SUBMITTED BY AMOL RAJGURU 2012-2013 BATCH & ROLL NO.151 (MARKETING) ------------------------------------------------- CERTIFICATE------------------------------------------------- -------------------------------------------------
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KARVY- STOCKBROKING LIMITED SME SEGMENT [pic] Internship Report Submitted By: Aakanksha Rathi SSN: 888940845 In partial fulfillment of the Master’s Program in Business Administration‚ Ohio University‚ Athens‚ USA OHIO University Christ College Academy for Management Education Christ College Campus Hosur Road‚ Bangalore-29 April 2007 ACKNOWLEDGEMENT I would like to convey my heartiest gratitude to several people‚ for their support and guidance which helped me complete my
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