Lecture Personal finance - Chapter 13: Investing in mutual funds, ETFS and real estate

GITMAN/ JOEHNK/ BILLINGSLEY 4 13 Investing in Mutual Funds, ETFs and Real Estate Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. LEARNING OUTCOMES 1 Describebasicfeaturesandoperating characteristicsof amutual fundsandexchange tradedfunds 2 Differentiatebetweenopen-andclosed-endmutual fundsaswell asexchangetradedfunds,anddiscuss thevarioustypesof fundloadsandcharges 3 Discusstypesof fundsavailabletoinvestorsand thedifferentkindsof investorsservicesofferedby mutual fundsandexchangetradedfunds Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH13 2 LEARNING OUTCOMES (continued) 4 Gainanunderstandingof thevariablesthatshould beconsideredwhenselectingfundsforinvestment purposes 5 Identifythesourcesof returnandcalculaterateof returnearnedonaninvestmentinamutual fundas well asevaluatetheperformanceof anexchange tradedfund 6 Understandtherolethatreal estateplaysina diversifiedinvestmentportfolioalongwithbasics of investinginreal estate,eitherdirectlyor indirectly Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH13 3 Mutual Funds and Traded Funds • Mutual fund • Financial services organization that receives money from its shareholders • Invests funds in a diversified portfolio of securities • Exchange traded fund (ETF) • Investment company whose shares trade on stock exchanges • Shares can be bought and sold throughout the day Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH13 4 Exhibit 13. Basic Mutual Fund Structure Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. PFIN4 | CH13 5 ... - tailieumienphi.vn