Economics Buying Mutual Funds
Abstract:
This project was performed to get a better understanding of how mutual funds work. The assignment was to select a mutual fund from three different firms. Find out information about the fund, their policies, and how much they cost. The funds' values were tracked and graphed from Monday, September 19, 2005, through Friday, November 11, 2005. The before tax rate of return must be determined for each of the funds including the costs of investments. $90,000 was divided between the three mutual funds. The three funds that were chosen were: The Vanguard 500 Index (symbol VFINX), Merrill Lynch Balanced Capital R (symbol MRBPX), and Schwab Technology Focus (symbol SWTFX). There was $30,037.75 invested in the Vanguard 500 Index fund, $30,004.80 invested in the Merrill Lynch Balanced Capital R, and $30,004.50 invested the Schwab Technology Focus. The rate of returns for all of the funds combined ended up positive.
Description of Purpose:
The purpose of the assignment is......
View the rest of this paper...
Approximate Word Count: 985
Approximate Pages: 4 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Economics Buying Mutual Funds
economics buying mutual funds. Abstract: This project was performed to get a
better understanding of how mutual funds work. The assignment ... -
Hedge Funds: Mutual Funds' Twin Brother?
... managers are typically constrained to buying and holding ... Warburg Mishkin, Frederic
S. The economics of Money ... Planet Hedge Fund: How Do Mutual Funds Differ From ... -
Baby Boomers
... Sport Utilities, Rock and Roll, Mutual Funds, and Everything Else iv. The In's and
Out's with Baby-Boomer Buying B. Boomer Economics v. Retail Stores and Party ... -
Mutual Funds
... managers closely monitor a mutual fund, buying and selling ... 2003) holds BA (Honors)
in Economics, and MBA ... An in-depth knowledge of the mutual funds industry is ... -
Beat The Market
... Mutual funds make up a trivial portion of worldwide ... in the markets: contrarian
strategies of buying 'losers' and ... on the website of MIT economics professor Paul ...
Frat Files
Members
Information
