Question
Account is a domestic growth portfolio. The current holdings are primarily US exchange-traded stocks and bonds. To remain in compliance, the total portfolio may only
Account is a domestic growth portfolio. The current holdings are primarily US exchange-traded stocks and bonds. To remain in compliance, the total portfolio may only invest up to a maximum of 5% in any one specific stock or bond issuer. This restriction is cumulative; meaning different securities issued by the same issuer must be added together when calculating the 5% limit.
The client has also specified that the account may not invest more that 15% of its assets in non-US dollar denominated securities.The current market values are as follows:
Time Warner Inc. Common Stock$4,225,500
Walt Disney Corp. Common Stock$1,283,150
General Motors Corp.FRN 3/3/2018$904,000
Chrysler FRN 8/2/2018$186,100
Ford Motor Corp. MTN 3/27/2018$401,000
Walmart Common Stock$315,000
Deutsche Bank AG 6% 04/20/2018$1,556,350
Chrysler 10.95% 4/22/2018$128,900
Total Portfolio Value:
Question 5:
If 1,000 shares of Walmart were purchased at $81 per share (provided the size of the total portfolio remained the same), what would be the new percentage total investment in Walmart?
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