Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
growth fund
|
mutual fund whose investment goal is to buy stocks that will increase in value over time
|
|
|
income fund
|
mutual fund whose investment goal is to buy bonds that produce current income in form of interest
|
|
|
growth and income fund
|
is a mutual fund whose investment goal is to earn return from both dividends and capital gains
|
|
|
balanced fund
|
is to earn returns from current income and capital gains
|
|
|
money ,arket fund
|
invest in safe liquid secrities such as Treaury Bill and bonds that mature in three weeks to six months
|
|
|
global fund
|
is a mutual fund that purchases international stocks and bonds as well as U.S. securities
|
|
|
index fund
|
is a mutual fund that tries to match the performance of a particular index by investing in the companies included in t
|
|
|
prospectus
|
a legal document that offers securities or mutual fund shares for sale
|
|
|
front-end load
|
is a sales charge paid when you buy an investment
|
|
|
back-end load
|
sales charge paid when you sell an investment
|
