What are the main advantages and disadvantages of investing in a mutual fund? 4 marks.
Starting off we can state that the main advantages of a mutual fund are that first of all you get to own several companies no matter how much you decide to invest. In other words, you get instant diversification. You can also easily make monthly contributions as well as being able to track your funds performance just as easily as tracking a stock. We must also state that professional manager is the one managing the money. Theoretically, because of his/her experience and knowledge you should receive above average returns. Now we can move on to the disadvantages of a mutual fund, and to a large majority of mutual fund companies don't come close to beating market averages like the S&P 500 and the DJIA. (Notice we said "theoretically" you will receive above average returns. This will be discussed in detail in future pages.) Fund managers take a slice of the profits for their work. This slice varies but can be quite high. You pay management fees no matter if the fund actually makes you money or not.
2. Describe each type of mutual fund listed below: 16 marks.
You may use the following site to help you research those funds you are not familiar with: http://globefunddb.theglobeandmail.com/gishome/plsql/gis.fund_srh.
a) Mid Cap Fund - The Mid-Cap Fund seeks to provide long-term capital appreciation by investing primarily in equity securities of mid-sized companies. It is the type of Fund you will use for your future by setting it up now. Usually this is not a quick process and I would strongly recommend it for the fact that it's better to be on the safe side.
b) Growth Fund - This is a type of mutual fund that invests primarily in growth stocks. The goal of a growth fund is set out to invest only in the type of stocks that have capital increase as the primary initiative like a lot of the technology companies. Growth fund companies invest in ways that will reinvest their earnings for expansion, research, and development.
Nothing goes right for Joe either. ... Joe didn't steal just to steal though. ... Joe was different from his family members. ... This means a lot to Joe and I think that if this would have happened a long time ago Joe would not have ended up in the Juvenile Centre. ... There are no happy endings in sight for "Joe the King" but we know that in the end Joe changed his family for the better. ...
In business situation No. 1 Joe operates a local gardening and tree trimming business. Joe also does some light landscaping work for a few of his commercial accounts. ... Occasionally, a client rents a piece of equipment from Joe's business. Clients sometimes take their time paying for Joe's services and, therefore, Joe is sometimes late paying his bills. ... According to what Joe's goals may be, we suggest that Joe changes his existing business as a sole proprietorship into a corporation. ...
All three motivation problems are considered applicable in Joe Chaney's case. ... Recently, Joe appears to have contributed a great deal fulfilling and exceeding expectations in his position as draftsperson, and appears to be seeking new challenges. ... As a result, Joe's expectations on what he should be doing, what he wants to be doing, and what others think his role is, are not aligned, thus causing Joe and others in his organization a lot of frustration. ... Unfortunately, some of the employees like Joe may prioritize other values, i.e. family responsibilities, higher and n...
As a child and even as an adult I loved to listen to Uncle Joe tell stories. ... I"m sure everyone here has their own favorite "Joe Kelly" story. ... When I think of Uncle Joe, I recall: - summers in the Hamptons - labor day weekend at Cedar Terrace - 4th of July at Ann and Joe Mecca's - Father's Day at Eisenhower Park - Thanksgiving and Christmas on Walton Street - Playing army in the basement in Great Neck - Uncle Joe slipping you $1 or more after a Sunday visit - Uncle Joe singing Irish songs Mostly I recall always having fun when Uncle Joe was around. ... Uncle ...
Introduction Trader Joe's (TJ) is among the leading companies that offer a wide array of products. ... This paper, therefore, provides a discussion of the internal environmental analysis of the Trader Joe's. ... Capabilities Trader Joe's considers various programs and initiatives that propel it to its growth. ... In 2012, Trader Joe's was ranked 12th among the leading North American food retailers. ... The absence in the e-retailing has barred Trader Joe's enjoying the benefits of online shopping. ...
Joe had a tough childhood, growing up with almost nothing ("Joe Jackson"). ... Joe had a brutal childhood in South Carolina. ... Ever since Joe was six he was in the work force. ... Even though it only happened once, he was still known for it for the rest of his career, "Shoeless Joe" ("Joe Jackson"). ... ("Joe Jackson"). ...
Another reason that Joe acted as a parental figure to Pip is the fact that Joe never abused Pip. ... I had never dreamed of Joe's having paid the money; but Joe had paid it, and the receipt was in his name." ... Even when Pip became ashamed of Joe, Joe still cared for him. Joe never stopped caring. ... For Pip he had Joe, and without Joe, Pip would not have become the man he is. ...
Many locals consider Pappadeux and Joe's Crab Shack to be the best. ... While the food described on the menu of Joe's Crab Shack is the sort that tastes best when accompanied by an ice-cold beer, and an overflowing plate of French fries. ... On the other hand, Joe's Crab Shack has been made famous for it's barbequed crabs. ... Joe's Crab Shack's dining area consists of many large, wooden picnic tables where you could very well be seated next to another party you don't even know! ... In their menu, service, and atmosphere, Pappadeux and Joe's Crab Shac...
Many years after Grisham began his writing career, he published his first baseball book, Calico Joe. ... Calico Joe certainly fits that criteria as it is filled with heartbreak and pain. ... What most readers probably found surprising was how willing Joe was to forgive Warren. It was if Joe had forgiven Warren before an apology was even given. ... Overall, Calico Joe is a great read. ...
Joe DiMaggio symbolizes Santiago's perseverance and suffering and through the eyes of Santiago, he is a symbol of a "model human being". Finally, to Santiago, Joe DiMaggio is a symbol of uniqueness that is so very rare in this world. ... Santiago constantly compares himself to DiMaggio, asking himself whether or not DiMaggio would approve, or how Joe DiMaggio would act in his situation. ... Santiago thinks about the suffering that Joe DiMaggio constantly had to go through with his bone spurs. ... Think of the great Joe DiMaggio" (17). ...