Course Objectives

A Review Of Mutual Fund Basics

Mutual Funds

What is NAV?

Dollar Cost Averaging

How Does Dollar Cost Averaging Work

Understanding the Implications

The Arguments in Favor of Dollar Cost Averaging

Variations on Dollar Cost Averaging

Momentum Investing Versus Value Investing

Momentum Investing

Value Investing

Turnover Rates And Tax Implications In Mutual Fund Portfolios

Turnover Defined

Tax Implications

The Impact of Turnover on Fund Returns

Diversification: How Many Funds Should An Investor Own In Any One Asset Class

Diversification And Investment Style

Diversification Of Portfolios Based On Style And Technique

Implications For Investors And Investment Professionals

Index Funds

How Does Mutual Fund Indexing Work

The S&P 500 Index

Beyond The S&P 500 Index

Bond Indexes

Why Use Indexing

Does Indexing Work In All Market Segments

What Are The Benefits And Disadvantages Of Index Funds

Advantages

Disadvantages

New Twists On Index Funds

New Funds

Loan Participation Funds

Performance Numbers

NAV

Income

Total Return

Cumulative Total Return

Average Annual Total Return

7-Day Net Annualized Yield

7-Day Effective Yield

30 Day Net Annualized SEC Yield

Distribution Rate

Fair Value Pricing

BETA: One Measure Of Risk And Volatility

Shortcomings Of BETA

Another Look At Risk

Dealing With The Issue Of Risk

Glossary

Mutual Funds II Quiz