金融市场与金融机构（原书第9版）教学课件Mishkin_fmi09_ppt_20.pptxVIP

Financial Markets and Institutions;Chapter Preview (1 of 2);Chapter Preview (2 of 2);Mutual Funds;The Growth of Mutual Funds (1 of 5);The Growth of Mutual Funds (2 of 5);The Growth of Mutual Funds (3 of 5);The Growth of Mutual Funds (4 of 5);The Growth of Mutual Funds (5 of 5);Table 20.1 Total Industry Net Assets, Number of Funds, and Number of Shareholder Accounts (1 of 5);Table 20.1 Total Industry Net Assets, Number of Funds, and Number of Shareholder Accounts (2 of 5);Table 20.1 Total Industry Net Assets, Number of Funds, and Number of Shareholder Accounts (3 of 5);Table 20.1 Total Industry Net Assets, Number of Funds, and Number of Shareholder Accounts (4 of 5);Table 20.1 Total Industry Net Assets, Number of Funds, and Number of Shareholder Accounts (5 of 5);Figure 20.1 Household Ownership of Mutual Funds;Figure 20.2 Average Asset Allocation for All 401(k) Plan Balances;Mutual Fund Structure (1 of 2);Mutual Fund Structure (2 of 2);Calculating a Mutual Fund’s Net Asset Value;Calculating a Mutual Fund’s Net Asset Value: an example;Mutual Fund Structure: the Organization (1 of 2);Figure 20.3 The Organizational Structure of a Mutual Fund;Mutual Fund Structure: The Organization (2 of 2);Investment Objective Classes (1 of 7);Figure 20.4 Distribution of Assets Among Types of Mutual Funds;Investment Objective Classes (2 of 7);Investment Objective Classes (3 of 7);Figure 20.5 Assets Invested in Different Types of Bond Mutual Funds;Investment Objective Classes (4 of 7);Investment Objective Classes (5 of 7);Figure 20.6 Net Assets of Money Market Mutual Funds;Investment Objective Classes (6 of 7);Figure 20.7 Average Distribution of Money Market Fund Assets, 2016;Investment Objective Classes (7 of 7);Fee Structure of Investment Funds (1 of 2);Fee Structure of Investment Funds (2 of 2);Regulation of Mutual Funds (1 of 2);Regulation of Mutual Funds (2 of 2);Hedge Funds (1 of 3);Hedge Funds (2 of 3);Figure 20.8 The Price of Two Similar Securities;Mini-Case: The LTCM Debacle;The