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18 Cards in this Set
- Front
- Back
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Growth Fund
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A mutal fund whose investment goal is to buy stocks that will increase in value over time.
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Income Fund
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A mutal fund whose investment goal is to buy bonds that produce current income in the form of interest.
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Growth & Income Fund
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A mutal fund whose investment goal is to earn returns from both dividends and capital gains.
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Balanced Fund
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To earn returns from current income & capital gain .
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Money Market Fund
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Invests in safe, liquid securites, such as Treasury Bills and bonds that mature in three weeks to six months .
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Global Fund
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A mutal fund that purchases international stocks and bonds as well as U.S. securities .
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Index Fund
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A mutual fund that tries to mach the performance of a particular index by investing in the companies included in that index .
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Prospectus
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A legal document that offers securties or mutal fund shares for sale .
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Front-end Load
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A sales charge paid when you buy an investment .
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Back-end load
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A sales charge paid when you sell an investment .
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No-load fund
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Doesn't charge a sales fee when you buy or sell because no salespeople are involved.
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RealEstate
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Land and any buildings on it .
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Duplex
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A building with two separate living quarters .
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Condominum
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or condo ' is an individually owned unit in an apartment-style complex with shared ownership of common area.
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RealEsate Investment trust (REIT)
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Is similar to a mutal fund ; A corporation that pools the money of many individuals to invest in real estate.
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Participation Certificate
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An investment in a pool of mortgages that have been purchases by a gov't agency.
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Mortgage
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A loan to purchase real estate .
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Depreciation
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A decline in the value of preperty due to normal wear & tear.
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