Key Investor Information Franklin U.S. Dollar Liquid Reserve Fund
... The benchmark of the Fund is the LIBID-USD-1-Month-Rate Index. The benchmark is indicated for information purposes only, and the Fund manager does not intend to track it. The Fund can deviate from this benchmark. Terms to Understand Debt securities: Securities representing the issuer’s obligation to ...
... The benchmark of the Fund is the LIBID-USD-1-Month-Rate Index. The benchmark is indicated for information purposes only, and the Fund manager does not intend to track it. The Fund can deviate from this benchmark. Terms to Understand Debt securities: Securities representing the issuer’s obligation to ...
Asset Allocation by Institutional Investors after the Recent Financial
... Although this approach is explicable because of the large funding deficits faced by many public plans, these plans run a substantial risk of not meeting their ambitious goals for investment returns. Last, endowments and foundations are also poised to expand their already heavy reliance on alternativ ...
... Although this approach is explicable because of the large funding deficits faced by many public plans, these plans run a substantial risk of not meeting their ambitious goals for investment returns. Last, endowments and foundations are also poised to expand their already heavy reliance on alternativ ...
The Capital Structure Debate
... • Modigliani and Miller (MM) showed that this result holds more generally under a set of conditions referred to as perfect capital markets: – Investors and firms can trade the same set of securities at competitive market prices equal to the present value of their future cash flows. – There are no ta ...
... • Modigliani and Miller (MM) showed that this result holds more generally under a set of conditions referred to as perfect capital markets: – Investors and firms can trade the same set of securities at competitive market prices equal to the present value of their future cash flows. – There are no ta ...
THEORETICAL MODEL
... issue is the choice between acquisition of the innovator versus purchase of a call option to acquire the innovator. While having the ability to delay investment is important, it is not the only element necessary for characterizing investments as options. Options must provide firms with a claim on fu ...
... issue is the choice between acquisition of the innovator versus purchase of a call option to acquire the innovator. While having the ability to delay investment is important, it is not the only element necessary for characterizing investments as options. Options must provide firms with a claim on fu ...
REITs and infrastructure projects The next investment
... on their invested funds. Could the use of Real Estate Investment Trusts (REITs) as a funding mechanism for major infrastructure projects provide such an opportunity? The challenges faced by the United States in maintaining and updating its current infrastructure have been well documented. While the ...
... on their invested funds. Could the use of Real Estate Investment Trusts (REITs) as a funding mechanism for major infrastructure projects provide such an opportunity? The challenges faced by the United States in maintaining and updating its current infrastructure have been well documented. While the ...
University of Louisville Endowment Fund Statement of Investment
... converted must be listed on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), or the National Association of Securities Dealers Automated Quote System (NASDAQ), or, for foreign securities, equivalent exchanges in their country of domicile. Any other securities or investment veh ...
... converted must be listed on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), or the National Association of Securities Dealers Automated Quote System (NASDAQ), or, for foreign securities, equivalent exchanges in their country of domicile. Any other securities or investment veh ...
UK Fixed Interest
... solution. Most funds in this category only invest in one type of investment, one region or country or one type of company, for example, technology. This increases the risk to you if this is your only investment. That's why it's best used in combination with other funds or types of investment so you' ...
... solution. Most funds in this category only invest in one type of investment, one region or country or one type of company, for example, technology. This increases the risk to you if this is your only investment. That's why it's best used in combination with other funds or types of investment so you' ...
IB Comment Letter to SEC Opposing New Margin Requirements for
... carry their positions with only 25% equity (4:1 leverage), rather than the 50% (2:1 leverage) generally required now. This is the wrong approach. Raising the minimum account equity to $25,000 for pattern day traders -- combined with the broad definition of that term in the proposed new rules -- will ...
... carry their positions with only 25% equity (4:1 leverage), rather than the 50% (2:1 leverage) generally required now. This is the wrong approach. Raising the minimum account equity to $25,000 for pattern day traders -- combined with the broad definition of that term in the proposed new rules -- will ...
Understanding Life Science Partnership Structures
... with other bio-partnering arrangements is that the separate entity structure generally limits the liability of each individual party to its contribution to the joint venture entity. This separate entity structure of a joint venture affiliation does bring some challenges, however. A joint venture can ...
... with other bio-partnering arrangements is that the separate entity structure generally limits the liability of each individual party to its contribution to the joint venture entity. This separate entity structure of a joint venture affiliation does bring some challenges, however. A joint venture can ...
Impact of New Capital Rule on Community Banks
... If, on the other hand, the Hybrid Separate Account meets the definition of “separate account” for risk weighting purposes, then the bank can continue to utilize the full look-through approach to each investment in the portfolio to determine the risk-weighting of the overall portfolio. However, since ...
... If, on the other hand, the Hybrid Separate Account meets the definition of “separate account” for risk weighting purposes, then the bank can continue to utilize the full look-through approach to each investment in the portfolio to determine the risk-weighting of the overall portfolio. However, since ...
TD Emerging Markets Low Volatility Fund
... Fund for the financial year ending on December 31, 2013 and will not exceed the capped MER as stated in the Fund’s prospectus. The statements contained herein are based on material believed to be reliable. Where such statements are based in whole or in part on information provided by third parties, ...
... Fund for the financial year ending on December 31, 2013 and will not exceed the capped MER as stated in the Fund’s prospectus. The statements contained herein are based on material believed to be reliable. Where such statements are based in whole or in part on information provided by third parties, ...
Columbia Pacific/Asia Fund
... risks and volatility due to potential political, economic or currency instabilities and different financial and accounting standards. Risks are enhanced for emerging market issuers. Concentration in the Asia Pacific region, where issuers tend to be less developed than U.S. issuers, presents increase ...
... risks and volatility due to potential political, economic or currency instabilities and different financial and accounting standards. Risks are enhanced for emerging market issuers. Concentration in the Asia Pacific region, where issuers tend to be less developed than U.S. issuers, presents increase ...
Affin Hwang Select AUD Income Fund_RM Class
... Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet ("PHS") is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus ("RP") dated 22 September 2014 ha ...
... Fund is not an indicative of its future performance. Prices and distribution payable, if any, can go down as well as up. A Product Highlights Sheet ("PHS") is available for the Fund and investors have the right to request for a copy of it. The Replacement Prospectus ("RP") dated 22 September 2014 ha ...
Apple - Tajfan.com
... • Apple is an innovative company that manufactures, markets, and sells many kinds of consumer electronic devices. • Apple has developed a series of computers, phones, portable media players, software, and many other products that have advanced technology from what it used to be, as well as creating ...
... • Apple is an innovative company that manufactures, markets, and sells many kinds of consumer electronic devices. • Apple has developed a series of computers, phones, portable media players, software, and many other products that have advanced technology from what it used to be, as well as creating ...
Regulatory Risk, Cost of Capital and Investment
... The purpose of this paper is to examine the difference in relative performance in terms of investment in infrastructure of telecommunication firms operating under alternative regulatory regimes which do not treat capital costs alike. It is argued that national institutional regulatory frameworks inf ...
... The purpose of this paper is to examine the difference in relative performance in terms of investment in infrastructure of telecommunication firms operating under alternative regulatory regimes which do not treat capital costs alike. It is argued that national institutional regulatory frameworks inf ...
Portfolio Management
... fees, distribution costs and compliance costs. • Another trend in recent years has been the growth of alternative investments such as hedge funds, exchange traded fund (ETF), private equity… ...
... fees, distribution costs and compliance costs. • Another trend in recent years has been the growth of alternative investments such as hedge funds, exchange traded fund (ETF), private equity… ...
Reverse Investment and Directional Principle
... where the DIE holds less than 10 per cent of the ordinary shares or voting power of the DI and those where the DIE holds 10 percent or more of the ordinary shares or voting power of the DI. The directional principle only applies in the former case, so that where the DIE has a claim on its DI, it is ...
... where the DIE holds less than 10 per cent of the ordinary shares or voting power of the DI and those where the DIE holds 10 percent or more of the ordinary shares or voting power of the DI. The directional principle only applies in the former case, so that where the DIE has a claim on its DI, it is ...
gabelli food of all nations nextshares
... About NextShares: Shares of NextShares funds are normally bought and sold in the secondary market through a broker, and may not be individually purchased or redeemed from the fund. In the secondary market, buyers and sellers transact with each other, rather than with the fund. NextShares funds issue ...
... About NextShares: Shares of NextShares funds are normally bought and sold in the secondary market through a broker, and may not be individually purchased or redeemed from the fund. In the secondary market, buyers and sellers transact with each other, rather than with the fund. NextShares funds issue ...
Appendix - American Public Power Association
... Problems with the use of accounting measures to measure the true return earned by investors has long been recognized by economists. For example, Fisher and McGowan state: “Many users of accounting rates of return seem well aware that profits to total assets or stockholders equity may not be consist ...
... Problems with the use of accounting measures to measure the true return earned by investors has long been recognized by economists. For example, Fisher and McGowan state: “Many users of accounting rates of return seem well aware that profits to total assets or stockholders equity may not be consist ...
Midterm 1 - Quantos Analytics
... 1. If shareholders are unhappy with a CEO’s performance, they are most likely to: (a) buy more shares in an effort to gain control of the firm. (b) file a shareholder resolution. (c) replace the CEO through a grassroots shareholder uprising. (d) Solution: sell their shares. 2. An investment is said ...
... 1. If shareholders are unhappy with a CEO’s performance, they are most likely to: (a) buy more shares in an effort to gain control of the firm. (b) file a shareholder resolution. (c) replace the CEO through a grassroots shareholder uprising. (d) Solution: sell their shares. 2. An investment is said ...
Chapter 14
... MM Proposition II: The cost of capital of levered equity is equal to the cost of capital of unlevered ...
... MM Proposition II: The cost of capital of levered equity is equal to the cost of capital of unlevered ...
Contact Name - Boston Partners
... end. Having these early estimates available should give you an opportunity to evaluate your potential tax liability with your financial professional and/or tax adviser and make adjustments to your account(s), if necessary. Please take note that the estimated capital gains and income distributions ou ...
... end. Having these early estimates available should give you an opportunity to evaluate your potential tax liability with your financial professional and/or tax adviser and make adjustments to your account(s), if necessary. Please take note that the estimated capital gains and income distributions ou ...
Key Investor Information Franklin Global Aggregate Investment
... or more rating agency, or if not rated be deemed comparable quality by the investment team. The Fund aims to maximise investment return over the medium to long term through a combination of income, capital appreciation and currency gains while approximating the benchmark (Bloomberg Barclays Global A ...
... or more rating agency, or if not rated be deemed comparable quality by the investment team. The Fund aims to maximise investment return over the medium to long term through a combination of income, capital appreciation and currency gains while approximating the benchmark (Bloomberg Barclays Global A ...
Products ESQUIRE CAPITAL INVESTMENT ADVISORS LLP
... Takes an active risk management approach to dynamically adjust the individual position exposure, and the overall portfolio exposure, based on quantitative and qualitative analysis. ...
... Takes an active risk management approach to dynamically adjust the individual position exposure, and the overall portfolio exposure, based on quantitative and qualitative analysis. ...
Private equity
In finance, private equity is an asset class consisting of equity securities and debt in operating companies that are not publicly traded on a stock exchange.A private equity investment will generally be made by a private equity firm, a venture capital firm or an angel investor. Each of these categories of investor has its own set of goals, preferences and investment strategies; however, all provide working capital to a target company to nurture expansion, new-product development, or restructuring of the company’s operations, management, or ownership.Bloomberg Businessweek has called private equity a rebranding of leveraged-buyout firms after the 1980s. Common investment strategies in private equity include: leveraged buyouts, venture capital, growth capital, distressed investments and mezzanine capital. In a typical leveraged-buyout transaction, a private-equity firm buys majority control of an existing or mature firm. This is distinct from a venture-capital or growth-capital investment, in which the investors (typically venture-capital firms or angel investors) invest in young, growing or emerging companies, and rarely obtain majority control.Private equity is also often grouped into a broader category called private capital, generally used to describe capital supporting any long-term, illiquid investment strategy.