Capped Leveraged Index Return Notes ® Linked - corporate
... The following table and examples are for purposes of illustration only. They are based on hypothetical values and show hypothetical Participation Rate of 200%, a Threshold Value of 90% of the returns on the notes. They illustrate the calculation of the Redemption Amount and total rate of return base ...
... The following table and examples are for purposes of illustration only. They are based on hypothetical values and show hypothetical Participation Rate of 200%, a Threshold Value of 90% of the returns on the notes. They illustrate the calculation of the Redemption Amount and total rate of return base ...
FS - Midas Gold Corp.
... The carrying amount of all financial assets, excluding trade receivables, is directly reduced by the impairment loss. The carrying amount of trade receivables is reduced through the use of an allowance account. When a trade receivable is considered uncollectible, it is written off ag ...
... The carrying amount of all financial assets, excluding trade receivables, is directly reduced by the impairment loss. The carrying amount of trade receivables is reduced through the use of an allowance account. When a trade receivable is considered uncollectible, it is written off ag ...
Reference manual - Index derivatives
... in the stock market, or (2) they could buy (or go long) the S&P Canada 60 Index futures (SXF). Similarly, instead of selling stocks from a portfolio, they could continue to hold the stocks and sell S&P Canada 60 Index futures (enter short futures positions). Theoretically, these alternative ways of ...
... in the stock market, or (2) they could buy (or go long) the S&P Canada 60 Index futures (SXF). Similarly, instead of selling stocks from a portfolio, they could continue to hold the stocks and sell S&P Canada 60 Index futures (enter short futures positions). Theoretically, these alternative ways of ...
The Variability of IPO Initial Returns
... given the characteristics of the offering, suggests that there are important aspects of uncertainty about the valuation of IPOs that are simply hard to predict – Suggests alternative methods for selling IPOs are worth considering – e.g., IPO auctions . . . ...
... given the characteristics of the offering, suggests that there are important aspects of uncertainty about the valuation of IPOs that are simply hard to predict – Suggests alternative methods for selling IPOs are worth considering – e.g., IPO auctions . . . ...
Model Investment Law Draft
... With the elimination of the “Class 1” concept for money market mutual funds, NAIC staff inquired with NAIC legal on possible updates to remove this term from Model 280: Investments of Insurers Model Act. Per the response from NAIC legal, technical edits to remove the “Class 1” reference to the Model ...
... With the elimination of the “Class 1” concept for money market mutual funds, NAIC staff inquired with NAIC legal on possible updates to remove this term from Model 280: Investments of Insurers Model Act. Per the response from NAIC legal, technical edits to remove the “Class 1” reference to the Model ...
Why equity markets matter
... • Equity markets also provide an essential asset for saving. Over the long-term, equity markets have delivered the highest returns of all conventional, liquid asset classes (see Figure 1). Having diverse, liquid equity markets provides greater opportunity for investors such as pension funds. This i ...
... • Equity markets also provide an essential asset for saving. Over the long-term, equity markets have delivered the highest returns of all conventional, liquid asset classes (see Figure 1). Having diverse, liquid equity markets provides greater opportunity for investors such as pension funds. This i ...
The Demand for Liquid Assets, Corporate Saving
... time: capital needs one installation period before it can be used in the production process. Second, a portion of the wage bill has to be paid before output is available to entrepreneurs. This generates a need for funds. The third assumption is that entrepreneurs face credit constraints. This implie ...
... time: capital needs one installation period before it can be used in the production process. Second, a portion of the wage bill has to be paid before output is available to entrepreneurs. This generates a need for funds. The third assumption is that entrepreneurs face credit constraints. This implie ...
Subject CT1: Financial Mathematics
... The trade press, particularly those which specialise in health and care The bulletins and other publications from reinsurers ...
... The trade press, particularly those which specialise in health and care The bulletins and other publications from reinsurers ...
AEGON
... Netherlands initiated a program to hedge its interest rate risks in connection with these guarantees. Implementation of this program was completed by the end of 2006. Derivative instruments used to hedge these interest rate risks are carried at fair value. Any changes in the fair value are recognize ...
... Netherlands initiated a program to hedge its interest rate risks in connection with these guarantees. Implementation of this program was completed by the end of 2006. Derivative instruments used to hedge these interest rate risks are carried at fair value. Any changes in the fair value are recognize ...
Inter-generational Redistribution in the Great Recession
... among those aged 70 or older, it is only 79.2%. These three ratios reflect three facts: (i) in aggregate, net household holdings of safe assets are very small, (ii) younger households are short in safe assets, because they tend to have lots of mortgage debt (which we classify as a riskless liability ...
... among those aged 70 or older, it is only 79.2%. These three ratios reflect three facts: (i) in aggregate, net household holdings of safe assets are very small, (ii) younger households are short in safe assets, because they tend to have lots of mortgage debt (which we classify as a riskless liability ...
Liquidity provision, banking, and the allocation of interest rate risk*
... from the perspective of the economy as a whole, the interest rate is endogenous. Variations in future interest rates must be caused by variations in exogenous data, at least if one neglects sunspot phenomena. Any welfare analysis of the allocation of interest rate risk must take account of the exoge ...
... from the perspective of the economy as a whole, the interest rate is endogenous. Variations in future interest rates must be caused by variations in exogenous data, at least if one neglects sunspot phenomena. Any welfare analysis of the allocation of interest rate risk must take account of the exoge ...
Risk Perception and Foreign Exchange Risk Management in
... However, for many currencies the instruments mentioned above are not available. For such cases a currency exchange fund such as the Dutch ‘TCX fund’ (see www.tcxfund.com) could be considered as an appropriate alternative. TCX holds long-term emerging market currency and interest rate derivatives amo ...
... However, for many currencies the instruments mentioned above are not available. For such cases a currency exchange fund such as the Dutch ‘TCX fund’ (see www.tcxfund.com) could be considered as an appropriate alternative. TCX holds long-term emerging market currency and interest rate derivatives amo ...
LEGAL REGULATIONS Accounting in the public sector EV Kalyuha
... Accounting and reporting standards in the public sector in Ukraine devel-blyalysya as separate documents similar package P (S) in the commercial sector. The package, which includes 19 developed by Ukrainian standards of accounting and reporting in general conformity for IPSAS and structure, the use ...
... Accounting and reporting standards in the public sector in Ukraine devel-blyalysya as separate documents similar package P (S) in the commercial sector. The package, which includes 19 developed by Ukrainian standards of accounting and reporting in general conformity for IPSAS and structure, the use ...
Long Term Risk - NCSU Statistics
... Because a portfolio of derivatives may contain many different types of instrument of different maturities, there may be different degrees of risk at different horizons. Write L(t) for the aggregate credit loss experienced up to time t. Clearly most questions about the magnitude of the risk can be an ...
... Because a portfolio of derivatives may contain many different types of instrument of different maturities, there may be different degrees of risk at different horizons. Write L(t) for the aggregate credit loss experienced up to time t. Clearly most questions about the magnitude of the risk can be an ...
Risk Allocation, Debt Fueled Expansion and Financial Crisis ∗ Paul Beaudry
... factors, one of the central goals of this paper is present a mechanism whereby the determination of the risk premium and it effect on the cost of working capital provides a link between financial and real factors. There are several features which we believe are key to understanding this period. Fir ...
... factors, one of the central goals of this paper is present a mechanism whereby the determination of the risk premium and it effect on the cost of working capital provides a link between financial and real factors. There are several features which we believe are key to understanding this period. Fir ...
Global Investment Outlook - RBC Global Asset Management
... tend to fall), we have developed five broad profiles and assigned a benchmark strategic asset mix for each. These profiles range from very conservative through balanced to aggressive growth. It goes without saying that as investors accept increasing levels of volatility, and therefore greater risk t ...
... tend to fall), we have developed five broad profiles and assigned a benchmark strategic asset mix for each. These profiles range from very conservative through balanced to aggressive growth. It goes without saying that as investors accept increasing levels of volatility, and therefore greater risk t ...
Jayne Elizabeth Zanglein - The Texas Tech University School of
... Certainly there is just as much reason to exercise care andjudgment in being a shareholder as in becoming one. 2 Pursuing increased shareholder value is less a matter of pulling out of a company aryl more an exercise in working within. The Wall Street walk has given way to the Wall Street talk. The ...
... Certainly there is just as much reason to exercise care andjudgment in being a shareholder as in becoming one. 2 Pursuing increased shareholder value is less a matter of pulling out of a company aryl more an exercise in working within. The Wall Street walk has given way to the Wall Street talk. The ...
Investor Preferences and Portfolio Selection: Is Diversification an
... constructing a diversified portfolio in order to reduce risk. As shown in Simkowitz and Beedles (1978), even though portfolio variance decreases as diversification occurs, skewness may either increase or decrease with diversification. Based on computations of the raw skewness, they find that skewnes ...
... constructing a diversified portfolio in order to reduce risk. As shown in Simkowitz and Beedles (1978), even though portfolio variance decreases as diversification occurs, skewness may either increase or decrease with diversification. Based on computations of the raw skewness, they find that skewnes ...
Great Southern Plantations Limited
... many of the issues of the past year now off the agenda or considerably diminished in their potential impact. The incentive for investors to make significant contributions to their superannuation fund has been removed; and with good rains received in many parts of Australia, drought is less of a fron ...
... many of the issues of the past year now off the agenda or considerably diminished in their potential impact. The incentive for investors to make significant contributions to their superannuation fund has been removed; and with good rains received in many parts of Australia, drought is less of a fron ...
Spending your pension as you wish
... savings plans, whether big or small, for the first time. Used wisely, the new liberties could allow people to enjoy a better life in their final decades, with far more flexibility to vary their income according to their needs. But used unwisely they could be a quick route to poverty. For decades, it wa ...
... savings plans, whether big or small, for the first time. Used wisely, the new liberties could allow people to enjoy a better life in their final decades, with far more flexibility to vary their income according to their needs. But used unwisely they could be a quick route to poverty. For decades, it wa ...
Investment fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. These advantages include an ability to: hire professional investment managers, which may potentially be able to offer better returns and more adequate risk management; benefit from economies of scale, i.e., lower transaction costs; increase the asset diversification to reduce some unsystemic risk.Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. An investment fund may be held by the public, such as a mutual fund, exchange-traded fund, or closed-end fund, or it may be sold only in a private placement, such as a hedge fund or private equity fund. The term also includes specialized vehicles such as collective and common trust funds, which are unique bank-managed funds structured primarily to commingle assets from qualifying pension plans or trusts.Investment funds are promoted with a wide range of investment aims either targeting specific geographic regions (e.g., emerging markets or Europe) or specified industry sectors (e.g., technology). Depending on the country there is normally a bias towards the domestic market due to familiarity, and the lack of currency risk. Funds are often selected on the basis of these specified investment aims, their past investment performance, and other factors such as fees.