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What is a fund that pools the savings of many individuals and invests this money in a variety of stocks bonds and other financial assets called?
Wiki User
∙ 10y ago
mutual fund
Wiki User
∙ 10y ago
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What services does MB Financial offer their customers?
MB Financial is a banking company. They offer a variety of financial products, such as savings accounts where individuals can deposit money and earn interest on it, as well as mortgages and credit cards.
Does ING provide the customer with a savings account?
ING is a financial services firm that provides a variety of options to its clients. Checking and Savings accounts are some of the more popular offerings of this company.
What financial services does Wells Fargo offer to customers?
Wells Fargo offers a wide variety of financial services to its customers. Some of these services include, savings accounts, checking accounts, mortgages, as well as private loans.
What services are offered by Summit Bank?
There are a variety of services offered by the Summit Bank, including but not limited to, checking and savings account, ATM and debit card services, loans, and financial advice.
What financial institution offers an online saving account without any fees?
There are a wide variety of financial institutions that offer online savings accounts without any fees. Chase, Capital One, and American Express, for example, each provide this service.
What services does MB Financial offer their customers?
MB Financial is a banking company. They offer a variety of financial products, such as savings accounts where individuals can deposit money and earn interest on it, as well as mortgages and credit cards.
Does ING provide the customer with a savings account?
ING is a financial services firm that provides a variety of options to its clients. Checking and Savings accounts are some of the more popular offerings of this company.
What is it when someone invests in a variety of places to reduce the overall risk?
It is called asset allocation.
What types of financial services does Chase de Vere offer?
Chase de Vere offers a wide variety of financial services for businesses and individuals alike. The company can help individuals save for retirement and help businesses manage their employees' retirement funds.
What financial services does Wells Fargo offer to customers?
Wells Fargo offers a wide variety of financial services to its customers. Some of these services include, savings accounts, checking accounts, mortgages, as well as private loans.
What is the Meaning Of Financial intermediary?
A financial intermediary is an organization that raises money from investors and provides financing for organizations (individuals, corporations, etc). It serve as a middle man between saving and financing. Financial intermediaries are an important source of financing for corporations. The following details five classes of financial intermediaries :Mutual Fund: a managed investment fund that pools the savings of many investors and invests in a portfolio of securities; are actively managed to generate superior performance, selecting stocks with returns "above average"Exchange-traded Fund: an investment fund that is traded on the stock exchange, that pool savings of many investors and invests in securities to match the performance of the securities index; are passively managed indexed funds - what this means is that securities are chosen such that it replicates the performance of a chosen market indexHedge Funds: an investment fund that pools savings from investors and then invests in a portfolio of securities; unlike mutual funds, they have alternative investment strategies such as taking out both short and long term positions in stock through a variety of financial instrument (such as options, futures and bond) to capitalize on market conditions; are typically more costly and risky to invest inPrivate Equity Funds: an investment fund focused on investing in equity of privately own business (not publically traded on a stock market); provides financing and stability for troubled/developing companies; (i.e. venture capital, angel investing, etc)Pension Funds: an investment plan set up by an organization for its employees' retirement - pool the company's money and invests in securities; designed as a long term investment; diversified, with tax benefits (deductible and not taxed until claimed)Information summarized from McGraw-Hill Ryerson - Fundamentals of Corporate Finance 4 Edition
What does the company Deloitte specialize in?
The company "Deloitte" specializes in a wide variety of financial advice for individuals, businesses, and organizations. Consulting, audit, financial advisory, and risk-management, and tax services are offer to clients.
What services are offered by Summit Bank?
There are a variety of services offered by the Summit Bank, including but not limited to, checking and savings account, ATM and debit card services, loans, and financial advice.
What services does La Caixa provide?
La Caixa provide a variety of services and are based in Spain. They have banking services for corporations and individuals, provide loans and also have savings and investment products.
What financial institution offers an online saving account without any fees?
There are a wide variety of financial institutions that offer online savings accounts without any fees. Chase, Capital One, and American Express, for example, each provide this service.
What does Farmers Bank offer customers?
The Farmers Bank does offer a variety of financial products. It offers savings accounts where one can deposit money and earn interest, as well as loans and credit cards.
What are non-depository type institutions?
Non-depository institutions are nonbank financial institutions that do not have a banking license and cannot accept deposits from the public. Examples of non-depository financial institutions that play an essential role in modern finance are insurance companies, mutual fund companies, security brokers, pawn shops, finance companies, and pension funds. Non-depository financial institutions provide a wide variety of financial services to both individuals and businesses and provide an alternative route for funneling savings into capital investment. Non-depository financial institutions compete with banks (depository institutions) in offering financial services.
