1. Auflage - Februar 2007
29,90 Euro
2007. 198 Seiten, Softcover
- Sachbuch -
ISBN-10: 0-470-06203-7
ISBN-13: 978-0-470-06203-6 - John Wiley & Sons

Preis inkl. Mehrwertsteuer zzgl. Versandkosten.







Kurzbeschreibung
Mutual funds worldwide remain an extremely attractive form of investment, with combined assets of $9.207 trillion in the United States alone. Written by a consultant, trainer, and former fund manager, An Introduction to Mutual Funds is designed to help entrants in the securities-related capital markets prepare for the Securities Institute's International Capital Markets Qualitification (ICQM). The book covers the origins, purpose, development, and uses of mutual funds, as well as how they are regulated and administered across the globe. Both open-ended and closed-end funds are described as well as the differences between the international markets, particularly the United States, Europe, and the UK.

Aus dem Inhalt
Preface.

About the author.

1 INTRODUCTION.

1.1 Collective investment.

1.2 History.

1.3 Construction and authorisation.

1.4 Growth and development.

2 THE MANAGEMENT OF FUNDS.

2.1 Who runs mutual funds?

2.2 What's in a name?

2.3 Benefi ts of mutual funds.

2.4 Uses of mutual funds.

2.5 Range of investment aims.

2.6 Performance statistics.

3 REGULATION.

3.1 Background and purpose.

3.2 The process of authorisation.

3.3 Fund management.

3.4 Marketing.

3.5 Administration.

3.6 Investor protection.

4 CONSTITUTION AND CONSTRAINTS.

4.1 Establishment, set-up and changes.

4.2 Scheme documents.

4.3 Launch procedures and practices.

4.4 Running the fund.

4.5 Charges.

4.6 Termination/winding-up.

5 FUND MANAGEMENT.

5.1 Investment policies and objectives.

5.2 Investment restrictions.

5.3 Borrowing and gearing.

5.4 Underwriting.

5.5 Stocklending.

6 MARKETING.

6.1 Authorisation.

6.2 Cross-border/international marketing.

6.3 Distribution channels.

7 ADMINISTRATION.

7.1 Investment portfolio.

7.2 Valuation, pricing and dealing.

7.3 Investors/participants.

7.4 Communicating with investors.

8 TAXATION.

8.1 Introduction.

8.2 The fund.

8.3 The investor/participant.

Glossary of industry terms.

Useful contacts.

Index.