HS 328 Audio: Investments

Identify the important features of each of the major security laws as they affect investors.

Explain why the combination of two risky securities can produce a portfolio with less risk than either separately, and compute both the expected rate of return and the standard deviation for any two-security portfolio.

Explain the various characteristics of mutual funds, including their sales fees, benefits, and disadvantages.

Describe how closed-end funds work.

Decide whether an ETF or an index fund is more appropriate for a client.

Describe the differences between REITs, RELPs, and REMICs.

Describe the differences between a UIT, a hedge fund, a variable annuity, and a separately managed account.

Identify the important characteristics to consider in selecting an appropriate mutual fund for a client.

Reconcile the poor average performance of mutual funds with their appropriateness for an investor's portfolio.

Describe the basic features of common stock.