Invesco High Yield Municipal Fund fact sheet
... grade categories generally offer higher yields than are offered by higher-grade securities of similar maturity, but they also generally involve more volatility and greater risks, such as greater credit risk, market risk, liquidity risk, management risk, and regulatory risk. The fund may invest in mu ...
... grade categories generally offer higher yields than are offered by higher-grade securities of similar maturity, but they also generally involve more volatility and greater risks, such as greater credit risk, market risk, liquidity risk, management risk, and regulatory risk. The fund may invest in mu ...
Institute of Actuaries of India Subject SA6 – Investment May 2013 Examinations
... rates are higher for longer terms since the risks/uncertainties would increase as the term increases thereby seeking higher returns for longer term. If there is a reversal in the yield curve whereby it has become downward sloping then it is abnormal and the trend in the market may be bearish. This c ...
... rates are higher for longer terms since the risks/uncertainties would increase as the term increases thereby seeking higher returns for longer term. If there is a reversal in the yield curve whereby it has become downward sloping then it is abnormal and the trend in the market may be bearish. This c ...
Presentation - CFA Institute
... • The decision about how much currency risk to hedge—from none to all—is important because currency movements can have a dramatic effect on the investor’s return from international bond holdings. ...
... • The decision about how much currency risk to hedge—from none to all—is important because currency movements can have a dramatic effect on the investor’s return from international bond holdings. ...
Economics Web Newsletter - McGraw Hill Higher Education
... destructive deflation, will end at some point. As the Fed becomes less certain about its next moves, officials are likely to remove the word "measured" from the statement they issue after each of their meetings. Mr. Greenspan said as much two weeks ago, though giving no hint when it would happen: "W ...
... destructive deflation, will end at some point. As the Fed becomes less certain about its next moves, officials are likely to remove the word "measured" from the statement they issue after each of their meetings. Mr. Greenspan said as much two weeks ago, though giving no hint when it would happen: "W ...
![smgclassroompresentation[1]](http://s1.studyres.com/store/data/021802581_1-1933bb9c9a7cfb38987e81a50d5e9b34-300x300.png)
smgclassroompresentation[1]
... Mutual funds may be traded Closed-ended funds may be traded just like the stocks traded on the NYSE, NASDAQ and American Stock Exchanges. ...
... Mutual funds may be traded Closed-ended funds may be traded just like the stocks traded on the NYSE, NASDAQ and American Stock Exchanges. ...
Risk, Return, and Discount Rates
... should we adjust discount rates to allow for risk in the future cash flow stream? (2) When saving/investing, what is the tradeoff between taking risks and our expected future wealth? In this presentation we will concentrate on the first of these questions. For your own concerns, do not lose sight of ...
... should we adjust discount rates to allow for risk in the future cash flow stream? (2) When saving/investing, what is the tradeoff between taking risks and our expected future wealth? In this presentation we will concentrate on the first of these questions. For your own concerns, do not lose sight of ...
Chapter_17_Cross_Border_Mergers_and_Acquisitions
... • Motives for international expansion vary widely. • There are many alternative strategies to M&A for entering foreign markets. • Methodology for valuing cross-border transactions is similar to that employed when both acquirer and target firms are within the same country. • Basic difference between ...
... • Motives for international expansion vary widely. • There are many alternative strategies to M&A for entering foreign markets. • Methodology for valuing cross-border transactions is similar to that employed when both acquirer and target firms are within the same country. • Basic difference between ...
Risk and Return
... stock’s returns on the Y axis and market returns on the X axis. The slope of the line of best fit as estimated through regression is the stock’s beta coefficient, or b. ...
... stock’s returns on the Y axis and market returns on the X axis. The slope of the line of best fit as estimated through regression is the stock’s beta coefficient, or b. ...
Identify the right investments
... Through research and analysis an active manager will seek to identify companies which he or she believes will perform better than their rivals, or whose current share price makes them a bargain buy. Potential returns depend on whether the manager gets it right or wrong. An index tracker fund tracks ...
... Through research and analysis an active manager will seek to identify companies which he or she believes will perform better than their rivals, or whose current share price makes them a bargain buy. Potential returns depend on whether the manager gets it right or wrong. An index tracker fund tracks ...
Chapter 3: How Securities are Traded
... • Commission: fee paid to broker for making the transaction • Spread: cost of trading with dealer – Bid: price dealer will buy from you – Ask: price dealer will sell to you – Spread: ask - bid • Combination: on some trades both are paid ...
... • Commission: fee paid to broker for making the transaction • Spread: cost of trading with dealer – Bid: price dealer will buy from you – Ask: price dealer will sell to you – Spread: ask - bid • Combination: on some trades both are paid ...
Bond ladders may not be the best investment strategy
... per unit than buying individually In a market as diverse and complex as the municipal bond market, the institutional investor very often has several advantages over individual investors when acquiring securities. If an attractive new issue comes to market, portfolio managers who purchase in $1 milli ...
... per unit than buying individually In a market as diverse and complex as the municipal bond market, the institutional investor very often has several advantages over individual investors when acquiring securities. If an attractive new issue comes to market, portfolio managers who purchase in $1 milli ...
Invesco Great Wall Core Competence Mixed Securities Fund
... 1. The Fund primarily invests in listed stocks in the Mainland, bonds, money market instruments, asset-backed securities and other financial instruments as permitted by the relevant laws and regulations. 2. Investors should note the strategic and model risk in respect of the Fund’s primary investm ...
... 1. The Fund primarily invests in listed stocks in the Mainland, bonds, money market instruments, asset-backed securities and other financial instruments as permitted by the relevant laws and regulations. 2. Investors should note the strategic and model risk in respect of the Fund’s primary investm ...
Document
... When a company whose ability to repay its obligations in full is uncertain borrows funds (a) it will have to issue debt with longer maturities than would a company with a lower probability of default. (b) its bonds will sell for higher prices than would the bonds of a company with a lower probabilit ...
... When a company whose ability to repay its obligations in full is uncertain borrows funds (a) it will have to issue debt with longer maturities than would a company with a lower probability of default. (b) its bonds will sell for higher prices than would the bonds of a company with a lower probabilit ...
Introduction to Hansa Investment Funds What is risk?
... Political risk – risk, that the value of the investment can decrease because of the changes political and/or regulatory environment – Political risk can realize through increased taxes, capital controls, currency devaluation, revolution etc – Scale: credit rating ...
... Political risk – risk, that the value of the investment can decrease because of the changes political and/or regulatory environment – Political risk can realize through increased taxes, capital controls, currency devaluation, revolution etc – Scale: credit rating ...
Portfolio Risk and return
... Systematic risk is also called market risk and is the risk inherent in the aggregate market that cannot be solved by diversification. Some common sources of market risk are recessions, wars, interest rates and others that cannot be avoided through a diversified portfolio. Though systematic risk cann ...
... Systematic risk is also called market risk and is the risk inherent in the aggregate market that cannot be solved by diversification. Some common sources of market risk are recessions, wars, interest rates and others that cannot be avoided through a diversified portfolio. Though systematic risk cann ...