When you invest in an ETF (exchange-traded fund), you are buying into a pooled investment vehicle, similar to a mutual fund. But unlike mutual funds, which investors can buy or sell only once per day, ETFs are traded throughout the day on organized stock exchanges, just like common stoc...
FUNDTYPESANDDEFINITIONS I.GeneralFund-thefundusedfortransactionswhicharenotaccountedforby otherfunds. SourceisthegeneralrevenuesoftheState. II.FederalFund-thefundusedtoaccountformoniesreceivedfromthefederal governmentandsubjecttoapplicablerulesandregulations. IncludesfederalfundswhichflowthroughotherStateandmunicipal age...
1、Types of financial crises(经融危机的类型)Types of financial crisesBanking crisesMain articles: Bank run and Credit crunchWhen a commercial bank suffers a sudden rush of withdrawals by depositors, this is called a bank run. Since banks lend out most of the cash they receive in deposits (...
Equity funds These funds invest in U.S. or foreign stocks. Some are index funds, while others are actively managed. Typically, they're defined by the size of the companies they invest in ("small-cap," "mid-cap," or "large-cap") or their investment objective ("growth," "income," et...
Fixed Income Mutual Funds This type of mutual fund relies mainly on bonds — not a stock in a company but a kind of loan that the company (or a municipality, or a state, or the federal government) then pays back with interest. These are going to pay out a lot less than a successful...
Banks may charge a fee for an overdrawn account, the term used when a check is written or transactions are processed and there aren’t enough funds in the account to cover the transaction.Some of the pros of having a checking account include:...
A situation without widespread bank runs, but in which banks are reluctant to lend, because they worry that they have insufficient funds available, is often called acredit crunch. Examples of bank runs include therun on the Bank of the United States in 1931and the run onNorthern Rockin 2007...
As you think about which type of mortgage to get, consider: Your credit score:Which loan types do you qualify for from a credit standpoint? Your down payment:Do you need a low- or no-down payment loan? What about down payment assistance? Will you be using gift funds from family or fri...
Investment Funds: Hedge Funds A hedge fund is an investment type that is distinct from mutual funds or ETFs. This fund is an actively managed fund made available to accredited investors. A hedge fund faces less federal regulation and is therefore able to invest in a variety of asset classes ...
Brokerage firms assist individuals and institutions in buying and selling securities among available investors. Customers of brokerage firms can place trades ofstocks,bonds,mutual funds,exchange-traded funds (ETFs), and some alternative investments.7 7. Insurance Companies Financial institutions that help ...