Question
QUESTION 3 (20 MARKS) Alex is 25 years old and just graduated 2 years ago with Bachelor in Finance. He eagers to save his money
QUESTION 3 (20 MARKS)
Alex is 25 years old and just graduated 2 years ago with Bachelor in Finance. He eagers to save his money now and will invest in few securities for short-term and long-term. You as a Unit Trust agent in Publicly Mutual for 10 years which you have extensive and wide experiences in Unit Trust.
Required:
-
Explain to Alex what is unit trust and what are the benefits he will gain if he invested in Unit Trust.
(12 marks)
-
You have to make a comparison between the investment in the stock market and invest in unit trust in terms of risk, diversifications, capital etc.
(8 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Global Corporate Finance A Focused Approach
Authors: Kenneth Kim, Suk Kim
3rd Edition
9811207119, 9789811207112
