What Mutual fund that averaged percent 12 for the past five years?
What is the tax that funds the US military?
Any Federal Taxes funds the Active Duty and Reserve and any State taxes fund that States National Guard. So all who pay taxes technically pay or fund the US Military, just as you would fund schools, road repairs or construction, parks and wildlife, bailouts, health care reforms, welfare, Medicare/Medicaid and many others. All soldiers pay taxes so they themselves are paying for themselves.
What is the difference between mutual fund and portfolio management?
1)The fundamental difference between mutual fund and portfolio management service is that the latter involves management and implementation of your decisions.Unless you specifically ask for the same, the PMS is not going to take investment decisions for you.On the other hand, you cannot instruct your mutual fund house manager to invest your money in specific sectors only.This decision should be taken when you are choosing the mutual fund scheme. However, once the choices been taken, you lose all freedom of indicating your personal choice.
2)Another significant difference between portfolio management service and mutual funds is that the former can offer customized and individually tailored solutions. On the other hand, mutual funds offer group solutions for a large number of persons seeking a specific investment option.
3)Another significant difference between the two solutions or services is the extent of regulation.
4)Under certain conditions and circumstances, the portfolio management service may function just like a mutual fund.
If your portfolio is not very high, your bank may combine it with portfolio of other customers in the same condition and take joint investment decisions. When this happens, the service provider will function just like a mutual fund manager. However, if you have a diverse portfolio and if you are a high net worth individual, you can insist on customized services from your bank or financial institution. This option is not available when you invest in mutual funds.
A pention fund is money that the employer have to set aside for the future.They take some money in tax and some money in pention out of the salery of the worker.In USA this is usally private and known as "life savings".In USA people must also set aside money for the kids to go to cellege.In Norway and many other European contries,most schools are free,u just boy the books in the bookstore as well as all pens,pencils,eraser and all paper.Most schhols now have both computers and internett axess.In Skandinavia mostly broad-band.
So the taxes in Norway are divided in to 2 categories.The tax the employer pay to the government,and the money they must save for the future.The government then pays out 3/4 of the pention when a worker gets to the age of 67.All the employers of the time the worker have been worked from lets say the age of 17-67,that is 50 years,they must pay 1/4 out as pention monthly.If u get sick before the age of 67 u get a bit more then the senior citizent pention.Maybe becase they are fewer,and have more debt.A houseloan in Norway has a maximum payment of 30 years.So if the worker gets a house at the age of 37,it will be payed down by the time he gets to be 67,and a senior citizent.If u are in good heath u may work until you are 70 and get a higher pention.If u only worjk until u are 60 or 62 u get lower pention.
If u work until u are 67 and wants pention and have not made much money u still get 150 000 nok(30 000$) per year for a single pentioner.A married couple gets 280 000 nok(56 000$),if both are 67 or more.That is the minimum pention in Norway.
What do you mean by Centralized Funds Management System?
CFMS Stands for Centralised Funds Management System. It is a sort of Electronic fund transfer system. It is a system set up, operated and maintained by Banks to enable operations on accounts maintained at various offices of the Bank, through standard message formats in a secure manner.
The Bank has a Central System which interacts with the subsystems in its various branches to perform operations on the accounts maintained by the Bank. To transfer funds from one branch to another, a request message is sent from the source branch to the Central system of the Bank.
Are there any different kinds of mutual funds?
Yes, there are many different kinds of mutual funds. They are:
Invest in mutual funds or bonds?
It depends on your investment goals and risk apetite. If you are a high risk investor willing to take a few risks with your investment for higher returns go for Mutual funds. If you are a safe investor willing to compromise on returns for safety then go for bonds.
Bonds are debt instruments and hence safe whereas mutual funds are stock market instruments and hence carry a risk.
When do mutual funds grant dividends?
Usually mutual funds grant dividends regularly say once a year or once every 6 months. Whenever a fund house is making good profits using the investors investment, they declare a dividend to pay back the investor a share of the profit that is due to him. In certain cases, they might pay dividends to attract more investors or in some cases, just to clear off some money from the total asset under management to ensure that the portfolio is managable.
If you have a trust fund, some record of it exists somewhere. I do not believe that every record was lost. Find the record. If, however, there is absolutely no record remaining anywhere, then there is no way to prove that you own this money and you will never be able to obtain it.
A fund house is a company/firm that owns and operates a mutual fund. They own the fund and decide on the investment strategies to be followed with the money that was collected from the investor public for the fund.
With an Operating Budget Authority Document (OBAD)
How do you write a letter to redeem your mutual fund?
To,
The Manager
______________
From,
____________
____________
____________
Sir,
Sub: Reg. Redemption of Mutual fund investment with folio number _________________
I would like to redeem my mutual fund investment with the fund _________________________________ with folio number _________________ as on today ________________
Kindly process the redemption request and credit the money into my bank account whose details are below:
Bank Name: ________________
Acc Num: _________________
Branch: _________________
Thank you,
__________________
Legal
True
What type of funds are subject to the bona fide needs rule and can be used for new obligations?
Current
Control summary records (CSRs)
A fund cite refers to a specific reference or citation of a financial fund or investment vehicle within a document, report, or evaluation. It typically includes detailed information such as the fund's name, type, performance metrics, and relevant financial data. Fund cites are important for transparency and accountability, providing stakeholders with the necessary information to assess the fund's performance and investment strategy.
How much money should be set aside in an emergency fund?
Three to six months of expenses is considered good. David Ramsey has lots of good info and suggestions. He recommends starting with $1000 in an emergency fund and then paying off ALL debt. Then saving the 3-6 months worth of expenses.
Difference between stocks and mutual funds?
A Mutual Fund is nothing but a common pool of money collected from a lot of people which is used by an experienced fund manager who invests the money in the Share market. Not many of us are experienced in investing directly in the Equity market. Mutual funds are a boon to the investor who doesnt have enough knowledge to invest directly in the market but wants to take a risk and gain higher returns from the market.
A Mutual Fund may invest in Stocks whereas Stocks or Shares refer to ownership.
A mutual fund is an investment instrument for the common man does not have the time or expertise to invest directly in the stock market. an experienced investor pools in money from such investors and invests in the stock market on their behalf. This person is called the fund manager and the organization that employs this person is the fund house. The whole system is called a mutual fund.
Name and describe most of the characters in over the hedge?
RJ- The official raccoon leader of the troop
Verne- RJ's turtle sidekick who used to get food from the woods side of the hedge
Hammy- A very hyperactive squirrel
Stella- A skunk who is more useful than you think
Ozzie- A opossum that has mastered playing dead
Heather- Ozzie's daughter who still needs some training
Lou- The porcupine father
Spike- One of porcupine kids
Vincent- The bear who uses RJ to get his food
Gladys- The lady who gets her food robbed by RJ and the gang
The Exterminator- The VermTech worker who also works for Gladys to get all vermin out of her life
Steve- The hedge that hammy named
The Log- The place where the animals live
There are more but these are the ones I can think of