When we are talking about "large-cap" versus "small-cap" funds what we are really talking about is the stocks the underlying securities in the mutual fund is going out to buy. A large cap fund is purchasing large cap stocks and a small cap fund is purchasing small cap stocks. What does that really mean? Small cap stocks are riskier than large cap stocks, so long-term we have an expectation that a small cap fund is going to do better than a large cap fund. However, it is also riskier so in the short term so we are going to see much greater price volatility with a small cap fund than we are with a large cap fund.
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
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The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.
future value of an annuity is a reciprocal of a sinking fund
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
The main difference between FNILX and SPY is that FNILX is an index fund that tracks the performance of the Russell 1000 index, which includes large and mid-cap U.S. stocks, while SPY is an exchange-traded fund (ETF) that tracks the performance of the SP 500 index, which includes 500 of the largest U.S. companies.
Enterprise fund is a fee for service. Internal service fund is services from one department to another on a cost reimbursement basis.
sources of fund means from where the capital we are getting & source of fund means how we can get the capital.
The difference between owner's funds and borrowed funds is just that. One is owned, and the other must be paid back.
Equity is the owners fund and mutual fund is pool money from the investor and invest in securities market. mutual fund has low risk an depends upon market condition.
The difference between a gross and net withdrawal from a fund has to do with how much money you will receive. The gross withdrawal is the amount taken out of your fund which includes fees that you will not get to keep, the net withdrawal is the amount you receive after the bank's fees and any others are taken out.
Voo is an exchange-traded fund (ETF) that tracks the performance of the overall stock market, while Fnilx is a mutual fund that focuses on large-cap U.S. stocks. The main difference is that Voo is an ETF, which trades on the stock exchange like a stock, while Fnilx is a mutual fund, which is bought and sold directly through the fund company.