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;
11 Cards in this Set
- Front
- Back
|
Growth Fund
|
a mutual fund whose investment goal is to buy stocks that will increase in value or time
|
|
|
Income Fund
|
mutual fund whose investment goal is to buy bonds that produce current income in the form of interest
|
|
|
Growth & Income Fund
|
mutual fund whose investment goal is to earn returns from both dividends and capital gains
|
|
|
Balanced Fund
|
is to earn returns from current income and capital gains
|
|
|
Money Market Fund
|
invest in safe, liquid insecurities, such as treasury bills and bonds that mature in 3 week to 6 months
|
|
|
Global Fund
|
a mutual fund that purchases international stocjks and bonds as well as U.S. securites.
|
|
|
Index Fund
|
a mutual fund that tries to match the preformance of a particular index by investing in the companies included in that index
|
|
|
Prospectus
|
a legal document that offers securities or mutual fund shares for sale
|
|
|
Front-End Load
|
a sales charge paid when you buy an investment
|
|
|
Back-End Load
|
a sales charge paid when you sell an investment
|
|
|
No-End Load
|
does not charge a sales fee when you buy or sell because so salespeople are in involved
|
