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Financial Markets
The management team is the author, who will act as the fund manager. Yours truly will need to hire an assistant, or two, in order to help gather information about the different companies around the world that would make good investments.
The fund is designed on the basis of long-term targets. The long-run expectation is that the fund can earn a CAGR of 10% over the course of 30 years. Some of these gains may be back-end loaded as the transition away from carbon becomes more complete. The one-year and two-year targets are actually less important, as this fund is being marketed to investors with a long time horizon. The one- and two-year returns are targeted at 5% and 7% respectively, but the fund manager recognizes that returns in the short-run are highly dependent on the price of oil. Many stocks in the category will decline in value when the price of oil declines, as investor sentiment shifts away from companies involved in things like alternative energy. Should the price of oil go back up strongly in the next year or two -- a factor almost entirely dependent on the Saudi government -- the fund's returns will reflect that. Short-term...
As this fund is going to be run through a major bank, the fund will need to be open-ended, to continue to draw in new capital. A closed-ended fund is one where the initial investment is raised, and no new money can be added to the fund after this initial fund-raising period. That is not the model this fund needs -- new monies are going to be required in order to pursue new opportunities, and that implies the need for an open-ended fund.
The fund is specialized, and will invest around the world where technology leaders operate. Thus, the fees will need to be higher, in order to compensate for the cost of researching globally, but also to cover the transaction fees associated with investing around the world. The MER for the fund is likely to be in the 2.50-2.75 range. This is how the fund will make money. A lot of the research will be done by the fund manager, and technology lowers research costs, but the incremental transaction costs associated with trading in multiple countries, along…
References
S&P (2015). S&P global clean energy index. Standard & Poor's. Retrieved March 23, 2015 from http://www.spindices.com/indices/equity/sp-global-clean-energy-index
Financial & Management Accounting Selling price of the AOK Play Contribution per unit = Selling price per unit -- variable cost per unit total variable cost (= total cost -- total fixed costs) / sales (3,600,000 -- 2,100,000) / 80,000 (1,500,000 / 80,000) Selling price = $50 per unit Fixed cost per unit Fixed cost per unit = total fixed costs / sales = 2,100,000 / 80,000 = $26.25per unit Total cost per unit Total cost = total variable cost + total
Hence, the likelihood of having to repurchase a large amount of repurchases would result. This was increasingly risky as the company spiralled into much lower reserves than it would admit publicly. The increasing risks were recognized by New Century employees. Despite efforts by these employees to suggest changes, the response by Senior Management was generally to reject or ignore these suggestions. Senior Management was therefore fully aware of the increase
Chapter 1: The Accounting Function in Microsoft Background of the Organization Microsoft Corporation is an American technology organization whose main center of operations are situated in Redmond, Washington. Founded by Paul Allen and Bill Gates in 1975, the company key operations encompass the discovery and development of manufacturing and licensing goods and services that are associated to computing (Bellis, 2017).In accordance to Statista (2017), the company has 124,000 employees across the world.
Senior Management Teams Changes to Senior Management Teams CEOs of Cisco Systems & Competitors John Chambers -- Cisco. In 1991, Chambers joined Cisco Systems as Senior Vice President of Worldwide Sales and Operations. Promoted to President and CEO in 1995, Chambers helped grow the firm to its present size. Before joining Cisco, he worked at Wang Laboratories from 1982 until 190, and prior to that, Chambers worked at IBM from 1976 to
Balanced Scorecard Financial Market share -- gain fifty percent of the local market share within a three-year period. Profitability -- break even within the first two years of operations and earn a $20,000 profit by the beginning of the fourth year. Competitive Position -- establish the business as the "hometown" alternative of choice for premium coffee beverages and related goods through full participation in community events such as softball teams or fundraisers. Customer retention or
Behavioral Finance and Human Interaction a Study of the Decision-Making Processes Impacting Financial Markets Understanding the Stock Market Contrasting Financial Theories Flaws of the Efficient Market Hypothesis Financial Bubbles and Chaos The stock market's dominant theory, the efficient market hypothesis (EMH) has been greatly criticized recently for its failure to account for human errors, heuristic bias, use of misinformation, psychological tendencies, in determining future expected performance and obtainable profits. Existing evidence indicates that past confidence in the