Vocab chapter 13 FP Crossword
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
                                 
 
 
Down: 1) The payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio. 3) An individual who helps investors decide when to switch their investments from one fund to another fund, usually within the same family of funds.5) A mutual fund in which investors pay a commission (as high as 8.5 percent) every time they purchase or sell shares. 6) An affordable way for investors to invest in a diversified basket of securities; provides the diversification of an index fund with the flexibility of a stock. 7) A firm that, for a management fee, invests the pooled funds of small investors in securities appropriate to its stated investment objectives. 8) An affordable way for investors to invest in a diversified basket of securities; constructed to track the components of a market index such as the S&P 500 or the S&P/TSX Composite. 9) A group of mutual funds managed by one investment company. Across: 2) An investment alternative chosen by people who pool their money to buy stocks, bonds, and other securities selected by professional managers employed by an investment company. 4) A service provided by an investment company in which shareholder income dividends and capital gain distributions are automatically reinvested to purchase additional shares of the fund. 10) A program allowing an investor to invest in portfolios grouping together many different mutual funds. 11) A 1- to 6-percent charge that shareholders pay when they withdraw their investment from a mutual fund.12) The current market value of the securities contained in the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding. 13) A mutual fund in which the individual investor pays no sales charge.14) A mutual fund whose shares are issued and redeemed by the investment company at the request of investors. 15) A mutual fund whose shares are issued by an investment company only when the fund is originally set up. 16) The practice of selling a borrowed stock in the hope of covering the sale by buying it at a lower price later. 17) The earnings a fund pays to shareholders after it has deducted expenses from its dividend and interest income.
 

 

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