LIQUIDITY PAPER v4 - Institute and Faculty of Actuaries
... For unit-linked policies, the surrender/transfer/vesting basis is usually prescribed in the policy document, though the ultimate value will depend on market conditions. A surge in surrenders on linked funds may lead to an initial rise in the fund manager s box but then the fund will move to a bid ba ...
... For unit-linked policies, the surrender/transfer/vesting basis is usually prescribed in the policy document, though the ultimate value will depend on market conditions. A surge in surrenders on linked funds may lead to an initial rise in the fund manager s box but then the fund will move to a bid ba ...
Focusing on Long-Term Return Objectives in a Low Return World
... gains are expected to be higher over time. Of course, the assumption of high returns in no way guarantees that will be the outcome. Rather, return assumptions should be grounded firmly in reality to avoid an investment shortfall in the future. Historical averages have been one popular way to formula ...
... gains are expected to be higher over time. Of course, the assumption of high returns in no way guarantees that will be the outcome. Rather, return assumptions should be grounded firmly in reality to avoid an investment shortfall in the future. Historical averages have been one popular way to formula ...
PIE - PowerShares DWA Emerging Markets Momentum Portfolio fact
... during the period by the maximum offering price per share on the last day of the period. The 30-Day SEC Unsubsidized Yield reflects the 30-day yield if the investment adviser were not waiving all or part of its fee or reimbursing the fund for part of its expenses. Total return would have also been l ...
... during the period by the maximum offering price per share on the last day of the period. The 30-Day SEC Unsubsidized Yield reflects the 30-day yield if the investment adviser were not waiving all or part of its fee or reimbursing the fund for part of its expenses. Total return would have also been l ...
Measuring the value of employee stock options
... Estimation of the marked-to-market value using data by industry This paper presented the way to estimate market value of ESOs from book value source data using index data, the TOPIX. However, index data are not individual stock data but weighted averages of each of the stocks. To verify our estimati ...
... Estimation of the marked-to-market value using data by industry This paper presented the way to estimate market value of ESOs from book value source data using index data, the TOPIX. However, index data are not individual stock data but weighted averages of each of the stocks. To verify our estimati ...
Derivatives and Volatility on Indian Stock Markets
... (namely Dax index) on which derivative products are not introduced. This study shows that unlike the findings by Antoniou and Holmes (1995) for the London Stock Exchange (LSE), the introduction of index future, per se, has actually reduced the stock price volatility. Bologna and Covalla also found t ...
... (namely Dax index) on which derivative products are not introduced. This study shows that unlike the findings by Antoniou and Holmes (1995) for the London Stock Exchange (LSE), the introduction of index future, per se, has actually reduced the stock price volatility. Bologna and Covalla also found t ...
Factors Determining the Price of Butter
... though little of the bulk butter from manufacturing plants is actually sold on these exchanges, the bulk price is based in large part on what happens there. The two mercantile exchanges provide facilities for cash trading of butter each business day of the year. Trading is conducted by voice on the ...
... though little of the bulk butter from manufacturing plants is actually sold on these exchanges, the bulk price is based in large part on what happens there. The two mercantile exchanges provide facilities for cash trading of butter each business day of the year. Trading is conducted by voice on the ...
Risk Premium Puzzle in Real Estate
... • Historical evidence suggest that real estate investors are risk averse • There were unexpected losses in ex-post real estate returns • Income changes drive the deviations between ex-ante and ex-post returns • In the tests of the first and second moments of return relationships, ex-ante returns wer ...
... • Historical evidence suggest that real estate investors are risk averse • There were unexpected losses in ex-post real estate returns • Income changes drive the deviations between ex-ante and ex-post returns • In the tests of the first and second moments of return relationships, ex-ante returns wer ...
RBC Microcap Value Fund - RBC Global Asset Management
... mutual fund. It is the belief of the RBC Mid Cap Value portfolio management team that there is a correlation between earnings growth rates and stock performance. Long-Term Debt/Total Capitalization - a ratio used to show a company’s financial leverage by comparing its long-term debt to its available ...
... mutual fund. It is the belief of the RBC Mid Cap Value portfolio management team that there is a correlation between earnings growth rates and stock performance. Long-Term Debt/Total Capitalization - a ratio used to show a company’s financial leverage by comparing its long-term debt to its available ...
Derivatives And Risk Management In The Petroleum, Natural Gas
... • A description of energy risk management tools • A description of exchanges and mechanisms for trading energy contracts ...
... • A description of energy risk management tools • A description of exchanges and mechanisms for trading energy contracts ...
Key Investor Information
... The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may ...
... The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may ...
Lecture 1
... • Alternatively, you may pay on a running basis, with several payments until maturity, if you survive to maurity. • In case one dies, the payments would stop and a fraction of the amount paid is given to the heirs. ...
... • Alternatively, you may pay on a running basis, with several payments until maturity, if you survive to maurity. • In case one dies, the payments would stop and a fraction of the amount paid is given to the heirs. ...
VectorVest ProTrader
... in the same direction projected by the Primary Wave. This not only gives the market a chance to work out some of the extreme volatility that can occur near the open, but it also stabilizes the direction the stocks will ultimately take. ...
... in the same direction projected by the Primary Wave. This not only gives the market a chance to work out some of the extreme volatility that can occur near the open, but it also stabilizes the direction the stocks will ultimately take. ...
HERMES GLOBAL HIGH YIELD BOND FUND
... Swaps and total return Swaps for currency hedging purposes. FDIs will be used for purposes such as assisting cash flow management, for cost effectiveness and for gaining exposure to certain markets and securities, such as the bonds described in the preceding paragraph, in a quicker and/or more effic ...
... Swaps and total return Swaps for currency hedging purposes. FDIs will be used for purposes such as assisting cash flow management, for cost effectiveness and for gaining exposure to certain markets and securities, such as the bonds described in the preceding paragraph, in a quicker and/or more effic ...
File: ch06, Chapter 06 The Returns and Risks from Investing
... Response: All investments have certain components of their total risk, consisting of interest rate risk, inflation risk, liquidity risk, business risk, market risk, financial risk and sometimes currency and country (political) risk. Section: Risk. ...
... Response: All investments have certain components of their total risk, consisting of interest rate risk, inflation risk, liquidity risk, business risk, market risk, financial risk and sometimes currency and country (political) risk. Section: Risk. ...
File: ch06 Multiple Choice 1. While certain investors look for income
... Response: All investments have certain components of their total risk, consisting of interest rate risk, inflation risk, liquidity risk, business risk, market risk, financial risk and sometimes currency and country (political) risk. Section: Risk. ...
... Response: All investments have certain components of their total risk, consisting of interest rate risk, inflation risk, liquidity risk, business risk, market risk, financial risk and sometimes currency and country (political) risk. Section: Risk. ...
