Answered step by step
Verified Expert Solution
Question
1 Approved Answer
This is a question for anyone that knows how to use YCharts . I need the name of a mutual fund that meets the specific
This is a question for anyone that knows how to use YCharts. I need the name of a mutual fund that meets the specific criteria:
- An individual stock is not a mutual fund.
- An ETF is not a mutual fund.
- The mutual fund that you select CANNOT be a bond (i.e., fixed income) fund.
- The mutual fund that you select CANNOT be an index fund. You can check the active share for any fund on the Portfolio Tab when you are looking at an actual fund. An active fund will have weights in the "Exposure" section that are different than their benchmark. If the weights are basically the same, then avoid the fund for this project.
- The mutual fund that you select CANNOT be a target-dated fund (i.e., the fund has a date in the name like 2050).
- The mutual fund that you select CANNOT be a hedge fund (i.e., nothing with "long/short", "130/30", "150/50", or "Managed Futures" in the name).
- The mutual fund that you select CANNOT be a fund-of-funds (i.e., a fund that simply owns other mutual funds... it must own stocks).
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