Finance
A) I have chosen the Templeton Global Total Return A, which is a high-performing fund that offers diversification and a global outlook. It is comprised of world bonds and cash. The fund's income is primarily generated from its load, which in this case is 4.25%. This is a front load. The other main cost in a mutual fund is the MER, or management expense ratio (Investopedia, 2014). For this fund, the MER is 1% (Morningstar, 2014).
b) The operating expenses are pretty much the same as for any fund. The fund needs managers, who do research, make investment decisions and administer the fund. The fund is also going to be subject to transaction costs -- while Templeton is big enough to minimize these costs, there are always transaction costs when going into the market.
c) I would say that these fees are fairly reasonable. A bond fund requires less research than an equity fund, so a lower-than-average MER is expected. The fund has a turnover of 25% annually, so there is some trading to adjust things like the duration of the fund...
Asset Allocation and Industry Sectors: There are several economic concepts that affect an individual's daily finances and investments such as asset allocation and industry sectors. Asset allocation is primarily described as the manner with which an individual divides his assets among various asset categories like cash, bonds, stocks, and real estate. This fundamental principle also refers to an investment strategy with which an investor can lessen risks through diversification. One of
Microsoft has recorded a slight gain over the past three years, but has demonstrated substantial volatility. The company rose dramatically in 2007, fell sharply in 2008 and has recovered strongly since. The mutual fund as had by far the most stable performance. The fund is slightly down over the three-year period and has been down for most of that time. However, for most of 2009 the mutual fund was
Asset Management and Its Importance to the Transportation Sector The Definition of Asset Management In order to fully understand the rest of the discussion in this paper, one must first understand what asset management really is. Depending on the source that is asked the question, there are several different definitions of asset management. Several will be presented here for consideration. Asset management has been defined by some as "A systematic process of
Common costs are allocated when the cost falls under federal auspices. Costs that are the responsibility of the state, such as the 55% share of the San Luis Unit, are not included in the allocation base. Non-reimbursable costs are also not included in the allocation base and are ultimately the responsibility of the taxpayer. Some other costs are also not allocated, or are subject to unique allocation methods. These are
Activision The company's total assets at the end of the last reporting period was $14,200,000. This is important for a couple of reasons. The first is that the total assets represent the total value of the company. This is what the company is comprised of. The second reason this is important is because this figure allows people to track how the company is growing. We can see, for example, that Activision
Public Law 90-65, dated August 19, 1967, authorized the Secretary to include extra capacity in the Tehama-Colusa Canal to enable it to provide future water service to areas that could be authorized as an extension of the CVP." (Chapter III, 1) The expectation accorded here would be the share of construction costs amongst those who would ultimately use the water source, meaning that this would become a publicly shared
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