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Q: How does an aggressive growth fund differ from an equity income fund?
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What do Aggressive growth funds do?

Aggressive growth funds seek to maximize capital gains, rather than current income


Are reserves equity?

Yes reserve is part of equity as it is created from net income and net income is part of equity as well.


San Mateo healthcare had an equity balance of 1.38m at the beginning of the year At the end of the year it equity balance was 1.98m What was San Mateo net income for the period?

Current income = ending equity - opening equity current income = 1.98 - 1.38 Current income = 0.6 million


return on equity?

this ratio shows how much income is generated by equity of the company. it is a great contributor towards profitability of a company. return on equity is calculated as follows:Return on equity = (Net income / Total equity) x 100


Difference between retrun on equity and return on capital employed?

return on capital employed (ROCE) is net income/(debt&equity) whereas return on equity is income/equity (without debt).


How does a person qualify for a second mortgage?

If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.


What is the reason for adding the net income for the year to the balance sheet?

Adding net income balances out the equity account, which will generally be reflected as the beginning balance of equity (prior year ending balance) before you add net income. Balancing the equity account (Beg Bal of Equity + Net Income/(Loss) = End Bal of Equity) is necessary in order to balance the Balance Sheet, since Assets = Liabilities + Equity.


What is the forula for valuation from income basis?

Equity Charge = Equity Capital x Cost of Equity is the formula.


What are some names of vanguard variable annuity profiles?

Here are some of the vanguard variable annuity portfolios are VVA-Balanced, VVA-Capital Growth, VVA-Diversified Value, VVA-Equity Income, and VVA-Equity Index.


Net income divided by average shareholders equity gives you?

Earning per share = Net income / average shareholders equity


What is the symbol for AllianzGI Equity and Convertible Income Fund in the NYSE?

The symbol for AllianzGI Equity & Convertible Income Fund in the NYSE is: NIE.


What is the symbol for Guggenheim Enhanced Equity Income Fund in the NYSE?

The symbol for Guggenheim Enhanced Equity Income Fund in the NYSE is: GPM.