What is an asset allocation fund and how does it differ from other types of mutual funds?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Asset allocation funds spread investors money across d...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Question Posted:
Students also viewed these Accounting questions
-
What is knowledge, and how does it differ from other information?
-
What is parity pricing? How does it differ from other forms of competition-based pricing?
-
What is an RFP, and how does it differ from an RFQ?
-
An analysis of spending by a sample of credit card bank cardholders shows that spending by cardholders in January (Jan) is related to their spending in December ( Dec): The assumptions and conditions...
-
Explain why Chinese firms are investing in Africa.
-
For the hand simulation of the simple processing system, def ne another timepersistent statistic as the total number of parts in the system, including any parts in queue and in service. Augment Table
-
Explain the segmentation modeling process.
-
Capital budgeting has the same focus as accrual accounting. Do you agree? Explain.
-
9. Using the free cash flow valuation model to price an IPO Personal Finance Problem Assume that it is the end of year 2015 and you have an opportunity to buy the stock of CoolTech, Inc., an IPO...
-
Table 4-3 contains sample data for parts and for vendors who supply those parts. In discussing these data with users, we find that part numbers (but not descriptions) uniquely identify parts and that...
-
Briefly describe each of the following types of mutual funds: a. Aggressive-growth funds b. Equity-income funds c. Growth-and-income funds d. Bond funds e. Sector funds f. Socially responsible funds
-
If growth, income, and capital preservation are the primary objectives of mutual funds, why do we bother to categorize funds by type? Do you think such classifications are helpful in the fund...
-
In an experiment to learn whether substance M can help restore memory, the brains of 20 rats were treated to damage their memories. First, the rats were trained to run a maze. After a day, 10 rats...
-
What can you do to plan ahead and educate others about the international groups? Consider How do you communicate during the meeting with your colleagues?
-
What do you think should be the role of personality tests in candidate selection? Do you think they should play a major, minor or no part in an organization\'s hiring decision for a job? What are...
-
What channels do our target customers prefer for discovering, researching, and purchasing products? How do cultural or societal shifts affect consumer attitudes and behaviors towards our products or...
-
What role do symbolic artifacts and rituals play in the construction and maintenance of organizational culture, and how do they influence employee identification and commitment ?
-
Describe all you would do and what you would consider in converting some or all of your employees to independent contractors, the rate you would pay and the reason therefor and how it would be paid....
-
What are the six factors that determine the auditors required level of understanding of the internal control structure policies and procedures?
-
Representative data read from a plot that appeared in the paper Effect of Cattle Treading on Erosion from Hill Pasture: Modeling Concepts and Analysis of Rainfall Simulator Data (Australian Journal...
-
Find descriptions, recent prices, and other information on call and put options for some of the following: an equity index, commodity futures options, index futures options, currency futures options,...
-
Imprudential, Inc. has an unfunded pension liability of $650 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to...
-
Your coin collection contains fifty 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2057,...
-
In 1895, the first U.S. Open Golf Championship was held. The winner's prize money was $150. In 2007, the winner's check was $1,260,000. What was the percentage increase per year in the winner's check...
-
When credit terms for a sale are 2/15, n/40, the customer saves by paying early. What percent (rounded) would this savings amount to on an annual basis
-
An industrial robot that is depreciated by the MACRS method has B = $60,000 and a 5-year depreciable life. If the depreciation charge in year 3 is $8,640, the salvage value that was used in the...
-
What determines a firm's beta? Should firm management make changes to its beta? Be sure to consider the implications for the firm's investors using CAPM.
Study smarter with the SolutionInn App