SHORTER, CLEARER MUTUAL-FUND DISCLOSURE MAY OMIT VITAL INVESTMENT INFORMATION

14 See Figure A11 in the appendix for the risk tolerance of all U.S. households from 2008 to 2012.
15 Other ICI household survey research has found that a majority of shareholders use the Internet for financial purposes. According to a 2006 ICI survey, 85 percent of recent fund invest[r]

take their money and make those investment decisions. These investors, who ordinarily do meticulous research before spending money on a vaca- tion, a car, or even a home computer, and who seek every opportunity to determine which product provides the best performance or which received the b[r]

System Errors and Warranties Risk
Software solutions and health care devices are very complex and may contain design, coding or other errors, especially when first introduced. It is not uncommon for HCIT providers to discover errors in software solutions and/or health care devices after t[r]

Most companies hire one or more banks or investment firms to manage their pension funds. Voluminous data are available on the past performance of these managers. However, an excellent past record is no guarantee of excellent future performance. A firm is a collection of individuals. Invest[r]

INTRODUCTION:
Mutual Funds have become a widely popular and effective way for investors to participate in financial markets in an easy, low-cost fashion, while muting risk characteristics by spreading the investment across different types of securities, also known as diversificati[r]

Column 6 presents the main result of the table. Although the average num- ber of different stocks held by a fund in a given quintile increases with TNA, it does so very slowly. The number for the largest quintile is never more than three times the number for the smallest. However, in 1980 fun[r]

Registered Hedge Funds
Finally, registered hedge funds are closed-end funds that allocate money to a variety of underlying hedge funds and are registered with the SEC under the Investment Company Act of 1940 (the 1940 Act). (See Figure 2.4.) Registration with the SEC allows a fund[r]

mutual fund categories. Other funds are far less specialized and allow the fund manager free reign to compile and alter the fund ’ s portfolio. Mutual fund shareholders receive periodic investment income, or dividends, which comes from dividends and[r]

LANTANA FIREFIGHTER’S – DEFINED BENEFIT/CONTRIBUTION PLAN
Plan Description – The Lantana Firefighter‟s Pension Fund (LFPF) is a combined defined benefit and defined contribution pension plan covering Town of Lantana (Town) fire fighters employed by Palm Beach Count[r]

1. debt that is due after one year and is formalized by the issuing of bonds or long-term notes.
2. bond issue whose retirement is provided for by a SINKING FUND. See also FLOATING DEBT.
FUNDED PENSION PLAN pension plan in which all liabilities are fully funded. A pension plan's administr[r]

Table 5 reports the t -statistics and the average standardized abnormal flows over the event month 0 to 6. Under the setting of the classical event study on stock returns, market efficiency implies an immediate stock price reaction to new information. However, the fact that the impact of[r]

Note: Components may not sum to total because of rounding.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA) provides data for all European countries except Russia.
1 Funds of funds are not included, except for France[r]

The research finds that there is a positive relationship between macroeconomics and mutual funds’ performance. Furthermore, country-level governance such as regulation effectiveness, political stability, economic growth and financial development has a positive correlation with mutual funds’ performa[r]

Funds with load fees (load funds) are sold through financial professionals such as brokers and registered investment advisers. These professionals help investors define their investment goals, select appropriate funds, and provide ongoing service. Financial professionals are compensa[r]

The UK Strategic Investment Fund Interim Report
The £750 million Strategic Investment Fund was created
at Budget 2009 to invest in the UK’s basic capabilities for
industrial innovation, job creation and growth in a highly
competitive global economy.

L Fund Facts
The L Funds are intended to meet the in- vestment needs of TSP participants with time horizons that fall into five different date ranges, as shown on the front. The five L Funds were designed for the TSP by Mer- cer Investment Consulting, Inc. The asset allocations[r]

5.6 APPROXIMATION OF ENTROPY BY NONPOLYNOMIAL FUNCTIONS
In the previous section, we introduced cumulant-based approximations of (neg)entropy. However, such cumulant-based methods sometimes provide a rather poor approximation of entropy. There are two main reasons for this. First, finite- sample es[r]