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Business Analyst Essentials: Responsibilities of a Business Analyst UML(unified modelling language) SDLC(software development life cycle) Finance banking knowledge for BA
BA Interview Questions & related: Imp BA Interview questions set 1 Imp BA Interview questions set 2 Imp BA Interview questions set 3 Imp BA Interview questions set 4 Business analyst Interview questions 1 Business analyst Interview questions 2 Business analyst Interview questions 3 Business analyst Interview questions 4
Business Analyst Health care Related: SAS (statistical analysis system)
BA Finance Interview questions Business Analyst Finance domain Interview
What is home equity line of credit (HELOC) ? What is debt to income ratio & What are mutual funds ? Interview questions Trading of Stocks , what are stocks? Factors that will affect the change in price
What stocks are treated as equity
Business Analyst Tutorials: Role of a Business Analyst(high level) RUP (rational unified processing) Testing skills required
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Everything That You Should Know About Mutual Fund
Mutual funds are the combined money of a group of interested persons that have put their money as an investment for a particular management company. And, as usual, mutual funds also come with its own kind of commissions and fees. There are mainly two types of mutual funds based on the way a mutual fund company collects money. The money required for a load mutual fund includes the total price of the shares along with the sales fee. Generally, sales fee hovers around 4%-8% of the total invested amount. Take an example: If you are opting for a load mutual fund of 5% and your investment is $1000, then your actual investment will be $950 and the rest $50 is taken as commission. Again the load mutual fund could be divided into two types: (1) back end loads – fee is charged at the time withdrawal of the funds; (2) front end loads: fee is charged at the time of investment. But you can also invest in shares without paying any kind of commissions in the form of no-load fund. This type of investment is normally recommended, as it doesn’t involve any kind of sales fee. But you should always avoid withdrawing the funds early as it encompasses a penalty fee (normally before the completion of 5 years) in a no-load fund investment. But you can reap its benefit better if you are a going to invest for a longer duration. |
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