Question
Mr Gandalf is the Asset Management Vice President. Gandalf shows you the table below. Item # Ticker Product description Main asset class Detailed asset type
Mr Gandalf is the Asset Management Vice President. Gandalf shows you the table below.
Item # | Ticker | Product description | Main asset class | Detailed asset type | Money or capital? | Cash or future? | OTC or Exchange-traded? | Risk-reward (Low / Medium / High) |
0 | ^DJI | Dow Jones Industrial Average | Equities | US Industrial Index | US Industrial Index | High |
1 | TLT | |||||
2 | NVDA | |||||
3 | M1GU.SI | |||||
4 | ZW=F | |||||
5 | ETH:USD | |||||
6 | SGD=X |
Each product is indicated by its Yahoo! finance ticker. The first row (item #0) is a completed illustration for guidance. It need not to be considered in your answers.
(a) Describe fully the six (6) products under items #1-6 by completing the missing cells in the table above.
The table lists the financial products the firm invested in on 1 July 2021 before selling them on 30 June 2023. Gandalf mentions that the firm's policy on investment decisions is to consider only price changes, using the prices at close day. You can disregard the effect of dividends, stock splits, or FX conversion for securities. Currency quotes are closing mid-point.
(b) Appraise in less than two hundred and fifty (250) words (including any cited reference) whether the investment in each of those six (6) products turned out to be a good or bad decision.
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