Author: Albert J. Fredman
Publisher: Prentice Hall
ISBN: 9780135034910
Category : Business & Economics
Languages : en
Pages : 492
Book Description
This book is the only up-to-date comprehensive book on the subject written for investors as well as stock brokers and financial planners.
Investing in Closed-end Funds
Author: Albert J. Fredman
Publisher: Prentice Hall
ISBN: 9780135034910
Category : Business & Economics
Languages : en
Pages : 492
Book Description
This book is the only up-to-date comprehensive book on the subject written for investors as well as stock brokers and financial planners.
Publisher: Prentice Hall
ISBN: 9780135034910
Category : Business & Economics
Languages : en
Pages : 492
Book Description
This book is the only up-to-date comprehensive book on the subject written for investors as well as stock brokers and financial planners.
Swing Pricing and Fragility in Open-end Mutual Funds
Author: Dunhong Jin
Publisher: International Monetary Fund
ISBN: 1513519492
Category : Business & Economics
Languages : en
Pages : 46
Book Description
How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds’ net asset values to pass on funds’ trading costs to transacting shareholders. Using unique data on investor transactions in U.K. corporate bond funds, we show that swing pricing eliminates the first-mover advantage arising from the traditional pricing rule and significantly reduces redemptions during stress periods. The positive impact of alternative pricing rules on fund flows reverses in calm periods when costs associated with higher tracking error dominate the pricing effect.
Publisher: International Monetary Fund
ISBN: 1513519492
Category : Business & Economics
Languages : en
Pages : 46
Book Description
How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds’ net asset values to pass on funds’ trading costs to transacting shareholders. Using unique data on investor transactions in U.K. corporate bond funds, we show that swing pricing eliminates the first-mover advantage arising from the traditional pricing rule and significantly reduces redemptions during stress periods. The positive impact of alternative pricing rules on fund flows reverses in calm periods when costs associated with higher tracking error dominate the pricing effect.
The Closed-end Fund Discount
Author: Elroy Dimson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 84
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 84
Book Description
Mutual Fund Industry Handbook
Author: Lee Gremillion
Publisher: John Wiley & Sons
ISBN: 1118428722
Category : Business & Economics
Languages : en
Pages : 295
Book Description
"The Mutual Fund Industry Handbook is a remarkably important work . . . I am profoundly impressed by the broad and comprehensive sweep of information and knowledge that this book makes available to industry participants, college and business school students, and anyone else with a serious interest in this industry." -- From the Foreword by John C. Bogle President, Bogle Financial Markets Research Center Founder and former chief executive, The Vanguard Group A Foreword by John C. Bogle, founder of The Vanguard Group and one of the most respected leaders in the mutual fund industry, sets the stage for this authoritative book that explains the complexities of the phenomenal industry in simple terms. Investors like the fact that mutual funds offer professional management, easy diversification, liquidity, convenience, a wide range of investment choices, and regulatory protection. Mutual Fund Industry Handbook touches on all of those features and focuses on the diverse functions performed in the day-to-day operations of the mutual fund industry. You'll learn about: Front-office functions-analysis, buying, and selling. Back-office functions, including settlement, custody, accounting, and reporting. Commission structures-front-end loads, back-end loads, or level loads. The various fund categories used by the Investment Company Institute, Morningstar, and Lipper. The roles played by fund managers, investment advisors, custodial banks, distributors, transfer agents, and other third-party service providers. If you want a definitive reference on the mutual fund industry, this is the book for you.
Publisher: John Wiley & Sons
ISBN: 1118428722
Category : Business & Economics
Languages : en
Pages : 295
Book Description
"The Mutual Fund Industry Handbook is a remarkably important work . . . I am profoundly impressed by the broad and comprehensive sweep of information and knowledge that this book makes available to industry participants, college and business school students, and anyone else with a serious interest in this industry." -- From the Foreword by John C. Bogle President, Bogle Financial Markets Research Center Founder and former chief executive, The Vanguard Group A Foreword by John C. Bogle, founder of The Vanguard Group and one of the most respected leaders in the mutual fund industry, sets the stage for this authoritative book that explains the complexities of the phenomenal industry in simple terms. Investors like the fact that mutual funds offer professional management, easy diversification, liquidity, convenience, a wide range of investment choices, and regulatory protection. Mutual Fund Industry Handbook touches on all of those features and focuses on the diverse functions performed in the day-to-day operations of the mutual fund industry. You'll learn about: Front-office functions-analysis, buying, and selling. Back-office functions, including settlement, custody, accounting, and reporting. Commission structures-front-end loads, back-end loads, or level loads. The various fund categories used by the Investment Company Institute, Morningstar, and Lipper. The roles played by fund managers, investment advisors, custodial banks, distributors, transfer agents, and other third-party service providers. If you want a definitive reference on the mutual fund industry, this is the book for you.
The Income Factory: An Investor’s Guide to Consistent Lifetime Returns
Author: Steven Bavaria
Publisher: McGraw Hill Professional
ISBN: 1260458547
Category : Business & Economics
Languages : en
Pages : 241
Book Description
The proven, all-weather investing strategy that delivers long-term, consistent returns The most common investing approach today—one that values “growth” over all else—can be ineffective and counterproductive for many investors, not to mention needlessly stressful. Now, one of Seeking Alpha’s most popular writers, Steven Bavaria, provides a groundbreaking alternative that will see you through all markets—up, down, and sideways. The Income Factory shows how to build an income stream that increases solidly and consistently—a result of re-investing and compounding the dividends. And the best part? This income stream actually grows faster during market downturns than during flat or rising market periods. The Income Factory sheds light on: • Why “high-yield” doesn’t have to mean “high-risk” • How credit investments perform more predictably than equity investments • Why “junk” is a misnomer—and why high-yield debt is safer than most of the stocks investors own • How to grow your wealth steadily without following the markets obsessively Through Bavaria’s strategy, cash income increases year after year at a predictable rate. For example, a 9% yielding portfolio doubles and re-doubles every 8 years. If you’re in for the long haul, an Income Factory lets you achieve your goals and still sleep well at night. Investing does not have to be about picking specific horses and hoping they win the race. An Income Factory achieves its goals by essentially betting on horses to make it around the track and finish the race. Those are easier bets to win, and they don’t require us to be glued to the financial news 24/7.
Publisher: McGraw Hill Professional
ISBN: 1260458547
Category : Business & Economics
Languages : en
Pages : 241
Book Description
The proven, all-weather investing strategy that delivers long-term, consistent returns The most common investing approach today—one that values “growth” over all else—can be ineffective and counterproductive for many investors, not to mention needlessly stressful. Now, one of Seeking Alpha’s most popular writers, Steven Bavaria, provides a groundbreaking alternative that will see you through all markets—up, down, and sideways. The Income Factory shows how to build an income stream that increases solidly and consistently—a result of re-investing and compounding the dividends. And the best part? This income stream actually grows faster during market downturns than during flat or rising market periods. The Income Factory sheds light on: • Why “high-yield” doesn’t have to mean “high-risk” • How credit investments perform more predictably than equity investments • Why “junk” is a misnomer—and why high-yield debt is safer than most of the stocks investors own • How to grow your wealth steadily without following the markets obsessively Through Bavaria’s strategy, cash income increases year after year at a predictable rate. For example, a 9% yielding portfolio doubles and re-doubles every 8 years. If you’re in for the long haul, an Income Factory lets you achieve your goals and still sleep well at night. Investing does not have to be about picking specific horses and hoping they win the race. An Income Factory achieves its goals by essentially betting on horses to make it around the track and finish the race. Those are easier bets to win, and they don’t require us to be glued to the financial news 24/7.
Step by Step Bond Investing
Author: Joseph Hogue
Publisher:
ISBN: 9780997111217
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9780997111217
Category :
Languages : en
Pages :
Book Description
Perspectives on Financial Services
Author: Subhamoy Das
Publisher: Allied Publishers
ISBN: 9788184244090
Category :
Languages : en
Pages : 412
Book Description
Publisher: Allied Publishers
ISBN: 9788184244090
Category :
Languages : en
Pages : 412
Book Description
Accounting Manual for Federal Credit Unions
Author: United States. National Credit Union Administration
Publisher:
ISBN:
Category : Banks and banking, Cooperative
Languages : en
Pages : 164
Book Description
Publisher:
ISBN:
Category : Banks and banking, Cooperative
Languages : en
Pages : 164
Book Description
Mutual Funds and Exchange-traded Funds
Author: Harold Kent Baker
Publisher: Oxford University Press, USA
ISBN: 0190207434
Category : Business & Economics
Languages : en
Pages : 663
Book Description
Mutual Funds and Exchange-Traded Funds: Building Blocks to Wealth provides a fresh look at this intriguing but often complex subject. Its coverage spans the gamut from theoretical to practical coverage.
Publisher: Oxford University Press, USA
ISBN: 0190207434
Category : Business & Economics
Languages : en
Pages : 663
Book Description
Mutual Funds and Exchange-Traded Funds: Building Blocks to Wealth provides a fresh look at this intriguing but often complex subject. Its coverage spans the gamut from theoretical to practical coverage.
Audit and Accounting Guide: Investment Companies, 2017
Author: AICPA
Publisher: John Wiley & Sons
ISBN: 1945498498
Category : Business & Economics
Languages : en
Pages : 625
Book Description
Whether a financial statement preparer or auditor, it is critical to understand the complexities of the specialized accounting and regulatory requirements for investment companies. This guide supports practitioners in a constantly changing industry landscape. It provides authoritative how-to accounting and auditing advice, including implementation guidance and illustrative financial statements and disclosures. Packed with continuous regulatory developments, this guide has been updated to reflect certain changes necessary due to the issuance of authoritative guidance since the guide was originally issued, and other revisions as deemed appropriate. The updates for this 2017 edition include extensive changes to the illustrated financial statements for registered investment companies that result from SEC's issuance of the release Investment Company Reporting Modernization and related amendments to Regulation S-X. Other updates to the 2017 edition include changes to illustrated attestation reports that result from AICPA's issuance of Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification. Further updates include: References to appropriate AICPA Technical Questions and Answers that address when to apply the liquidation basis of accounting Appendixes discussing the new standards for financial instruments, leases, and revenue recognition Appendixes discussing common or collective trusts and business development companies
Publisher: John Wiley & Sons
ISBN: 1945498498
Category : Business & Economics
Languages : en
Pages : 625
Book Description
Whether a financial statement preparer or auditor, it is critical to understand the complexities of the specialized accounting and regulatory requirements for investment companies. This guide supports practitioners in a constantly changing industry landscape. It provides authoritative how-to accounting and auditing advice, including implementation guidance and illustrative financial statements and disclosures. Packed with continuous regulatory developments, this guide has been updated to reflect certain changes necessary due to the issuance of authoritative guidance since the guide was originally issued, and other revisions as deemed appropriate. The updates for this 2017 edition include extensive changes to the illustrated financial statements for registered investment companies that result from SEC's issuance of the release Investment Company Reporting Modernization and related amendments to Regulation S-X. Other updates to the 2017 edition include changes to illustrated attestation reports that result from AICPA's issuance of Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification. Further updates include: References to appropriate AICPA Technical Questions and Answers that address when to apply the liquidation basis of accounting Appendixes discussing the new standards for financial instruments, leases, and revenue recognition Appendixes discussing common or collective trusts and business development companies