Mr. Danial wants to diversify his personal investments by investing in Mutual funds. Please explain (3 facts) what are the characteristics of this type of investment.
Mr. Danial wants to diversify his personal investments by investing in Mutual funds. Please explain (3 facts) what are the characteristics of this type of investment.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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a) Mr. Danial wants to diversify his personal investments by investing in Mutual funds. Please explain (3 facts) what are the characteristics of this type of investment.
b) Malaysia is one of the leading provider of Islamic banking products globally and its market share is increasing each year. The Islamic Banking products have been used by both the Muslim and non-Muslim customers. Discuss briefly two similarities and three differences between Islamic and Conventional Banking.
c) Commercial banks play a key role in financial institutions. Explain the 3 main sources of funds' commercial bank and the 3 main uses of these funds.
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