7/27/2019 571077 Sapm Notes

1/110

7/27/2019 571077 Sapm Notes

2/110

7/27/2019 571077 Sapm Notes

3/110

7/27/2019 571077 Sapm Notes

4/110

http://www.investopedia.com/terms/m/municipalbond.asphttp://www.investopedia.com/terms/b/bankersacceptance.asphttp://www.investopedia.com/terms/c/commercialpaper.asphttp://www.investopedia.com/terms/c/certificateofdeposit.asphttp://www.investopedia.com/terms/t/treasurybill.asphttp://www.investopedia.com/terms/m/moneymarket.asp

7/27/2019 571077 Sapm Notes

5/110

7/27/2019 571077 Sapm Notes

6/110

http://www.investopedia.com/terms/l/liquidity.asphttp://www.investopedia.com/terms/i/illiquid.asphttp://www.investopedia.com/terms/1/401kplan.asphttp://www.investopedia.com/terms/i/ira.asp

7/27/2019 571077 Sapm Notes

7/110

7/27/2019 571077 Sapm Notes

8/110

7/27/2019 571077 Sapm Notes

9/110

http://www.mbaknol.com/wp-content/uploads/2010/06/investments.jpg

7/27/2019 571077 Sapm Notes

10/110

http://www.investorwords.com/4879/tax.htmlhttp://www.investorwords.com/2866/local.htmlhttp://www.investorwords.com/2411/income_tax.htmlhttp://www.investorwords.com/2411/income_tax.htmlhttp://www.investorwords.com/13901/subject_to.htmlhttp://www.businessdictionary.com/definition/interest-payment.htmlhttp://www.investorwords.com/2218/governments.htmlhttp://www.investorwords.com/3161/municipal.htmlhttp://www.investorwords.com/4896/tax_exempt.htmlhttp://www.investorwords.com/4292/risk.htmlhttp://www.investorwords.com/8766/additional.htmlhttp://www.investorwords.com/3640/payout.htmlhttp://www.businessdictionary.com/definition/provide.htmlhttp://www.investorwords.com/3611/par_value.htmlhttp://www.investorwords.com/2984/market_price.htmlhttp://www.investorwords.com/3569/paid.htmlhttp://www.investorwords.com/205/amount.htmlhttp://www.investorwords.com/455/below_par.htmlhttp://www.businessdictionary.com/definition/and-interest.htmlhttp://www.investorwords.com/706/capital_gain.htmlhttp://www.investorwords.com/706/capital_gain.htmlhttp://www.investorwords.com/1171/coupon.htmlhttp://www.businessdictionary.com/definition/component.htmlhttp://www.investorwords.com/5362/yield.htmlhttp://www.investorwords.com/7302/financial_distress.htmlhttp://www.investorwords.com/4527/shareholder.htmlhttp://www.investorwords.com/2400/income.htmlhttp://www.investorwords.com/865/claim.htmlhttp://www.investorwords.com/12802/bond_holder.htmlhttp://www.investorwords.com/12802/bond_holder.htmlhttp://www.investorwords.com/9897/hand.htmlhttp://www.investorwords.com/1725/equities.htmlhttp://www.investorwords.com/4282/right.htmlhttp://www.investorwords.com/16088/ownership.htmlhttp://www.investorwords.com/10133/kind.htmlhttp://www.investorwords.com/2143/gain.htmlhttp://www.investorwords.com/12803/buyer.htmlhttp://www.investorwords.com/2654/issuer.htmlhttp://www.investorwords.com/1207/creditor.htmlhttp://www.investorwords.com/636/buy.htmlhttp://www.investorwords.com/2630/investor.htmlhttp://www.investorwords.com/4467/sell.htmlhttp://www.investorwords.com/2501/institution.htmlhttp://www.investorwords.com/1140/corporation.htmlhttp://www.investorwords.com/9181/City.htmlhttp://www.businessdictionary.com/definition/Federal-Government.htmlhttp://www.businessdictionary.com/definition/borrowing.htmlhttp://www.investorwords.com/694/capital.htmlhttp://www.investorwords.com/3669/period.htmlhttp://www.investorwords.com/1320/debt_instrument.html

7/27/2019 571077 Sapm Notes

11/110

http://serw.clicksor.com/newServing/go.php?nid=1&cpx=cpc&uid=2028166929&pid=112392&sid=169111&spid=0&af=0&rf=2&kw=investments&curl=http%3A%2F%2Fmeta.7search.com%2Fclick%2Fclick.aspx%3Fx%3DAH5Y3nwKgrbkkwC36GOWEA%253d%253d_j1f1ZZfRShisL4G6Peb9K2fD%252fH1P9NorAVCzLkpZevsGOE%252fY9HOpInTx%252foETC0eREck7wTcAZkbjes4JKGPj1cNHkSL3ixQ74ocwMPhfGv6K0%252f2vixHsdj7gM096iHsExM8DYhi%252flPE70Ufr4sIO7c0YNZLsjjyUFbByTy%252bk0PU%253d

7/27/2019 571077 Sapm Notes

12/110

7/27/2019 571077 Sapm Notes

13/110

7/27/2019 571077 Sapm Notes

14/110

7/27/2019 571077 Sapm Notes

15/110

7/27/2019 571077 Sapm Notes

16/110

http://www.investopedia.com/terms/v/volatility.asp

7/27/2019 571077 Sapm Notes

17/110

7/27/2019 571077 Sapm Notes

18/110

7/27/2019 571077 Sapm Notes

19/110

7/27/2019 571077 Sapm Notes

20/110

7/27/2019 571077 Sapm Notes

21/110

7/27/2019 571077 Sapm Notes

22/110

7/27/2019 571077 Sapm Notes

23/110

7/27/2019 571077 Sapm Notes

24/110

7/27/2019 571077 Sapm Notes

25/110

7/27/2019 571077 Sapm Notes

26/110

7/27/2019 571077 Sapm Notes

27/110

7/27/2019 571077 Sapm Notes

28/110

7/27/2019 571077 Sapm Notes

29/110

7/27/2019 571077 Sapm Notes

30/110

7/27/2019 571077 Sapm Notes

31/110

7/27/2019 571077 Sapm Notes

32/110

7/27/2019 571077 Sapm Notes

33/110

7/27/2019 571077 Sapm Notes

34/110

7/27/2019 571077 Sapm Notes

35/110

7/27/2019 571077 Sapm Notes

36/110

7/27/2019 571077 Sapm Notes

37/110

7/27/2019 571077 Sapm Notes

38/110

7/27/2019 571077 Sapm Notes

39/110

7/27/2019 571077 Sapm Notes

40/110

7/27/2019 571077 Sapm Notes

41/110

7/27/2019 571077 Sapm Notes

42/110

7/27/2019 571077 Sapm Notes

43/110

7/27/2019 571077 Sapm Notes

44/110

7/27/2019 571077 Sapm Notes

45/110

7/27/2019 571077 Sapm Notes

46/110

7/27/2019 571077 Sapm Notes

47/110

7/27/2019 571077 Sapm Notes

48/110

7/27/2019 571077 Sapm Notes

49/110

7/27/2019 571077 Sapm Notes

50/110

7/27/2019 571077 Sapm Notes

51/110

7/27/2019 571077 Sapm Notes

52/110

7/27/2019 571077 Sapm Notes

53/110

7/27/2019 571077 Sapm Notes

54/110

7/27/2019 571077 Sapm Notes

55/110

7/27/2019 571077 Sapm Notes

56/110

7/27/2019 571077 Sapm Notes

57/110

7/27/2019 571077 Sapm Notes

58/110

7/27/2019 571077 Sapm Notes

59/110

7/27/2019 571077 Sapm Notes

60/110

7/27/2019 571077 Sapm Notes

61/110

7/27/2019 571077 Sapm Notes

62/110

7/27/2019 571077 Sapm Notes

63/110

http://stocks.about.com/od/evaluatingstocks/a/re.htmhttp://stocks.about.com/od/evaluatingstocks/a/re.htmhttp://stocks.about.com/od/evaluatingstocks/a/bv.htmhttp://stocks.about.com/od/evaluatingstocks/a/dy.htmhttp://stocks.about.com/od/evaluatingstocks/a/dpr.htmhttp://stocks.about.com/od/evaluatingstocks/a/pb.htmhttp://stocks.about.com/od/evaluatingstocks/a/ps.htmhttp://stocks.about.com/od/evaluatingstocks/a/peg.htmhttp://stocks.about.com/od/evaluatingstocks/a/pe.htmhttp://stocks.about.com/od/evaluatingstocks/a/eps1.htm

7/27/2019 571077 Sapm Notes

64/110

7/27/2019 571077 Sapm Notes

65/110

7/27/2019 571077 Sapm Notes

66/110

7/27/2019 571077 Sapm Notes

67/110

http://en.wikipedia.org/w/index.php?title=Dividends_per_share&action=edit&redlink=1http://en.wikipedia.org/wiki/Earnings_per_share

7/27/2019 571077 Sapm Notes

68/110

http://wiki.fool.com/Return_on_invested_capital

7/27/2019 571077 Sapm Notes

69/110

http://wiki.fool.com/Leveragehttp://wiki.fool.com/Assethttp://wiki.fool.com/Revenuehttp://wiki.fool.com/Net_margin

7/27/2019 571077 Sapm Notes

70/110

7/27/2019 571077 Sapm Notes

71/110

7/27/2019 571077 Sapm Notes

72/110

http://store.yahoo.com/stockcharts/sconfuteanja.htmlhttp://stockcharts.com/school/doku.php?id=chart_school:glossary_d#dowtheory

7/27/2019 571077 Sapm Notes

73/110

7/27/2019 571077 Sapm Notes

74/110

7/27/2019 571077 Sapm Notes

75/110

http://stockcharts.com/school/doku.php?id=chart_school:glossary_s#supporthttp://stockcharts.com/school/doku.php?id=chart_school:glossary_m#movingaveragehttp://stockcharts.com/school/doku.php?id=chart_school:glossary_t#trendlines

7/27/2019 571077 Sapm Notes

76/110

http://stockcharts.com/school/doku.php?id=chart_school:glossary_p#pricerelativehttp://stockcharts.com/school/doku.php?id=chart_school:glossary_c#chaikinmoneyflowhttp://stockcharts.com/school/doku.php?id=chart_school:glossary_m#movingaveragehttp://stockcharts.com/school/doku.php?id=chart_school:glossary_m#momentumhttp://stockcharts.com/school/doku.php?id=chart_school:glossary_r#resistance

7/27/2019 571077 Sapm Notes

77/110

http://stockcharts.com/school/doku.php?id=chart_school:glossary_d#distributionhttp://stockcharts.com/school/doku.php?id=chart_school:glossary_a#accumulation

7/27/2019 571077 Sapm Notes

78/110

7/27/2019 571077 Sapm Notes

79/110

http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:dow_theory

7/27/2019 571077 Sapm Notes

80/110

7/27/2019 571077 Sapm Notes

81/110

http://en.wikipedia.org/wiki/Systematic_riskhttp://en.wikipedia.org/wiki/Security_market_linehttp://en.wikipedia.org/wiki/Financial_economicshttp://en.wikipedia.org/wiki/Bank_of_Sweden_Prize_in_Economic_Sciences_in_Memory_of_Alfred_Nobelhttp://en.wikipedia.org/wiki/Merton_Millerhttp://en.wikipedia.org/wiki/Merton_Millerhttp://en.wikipedia.org/wiki/Modern_portfolio_theoryhttp://en.wikipedia.org/wiki/Diversification_(finance)http://en.wikipedia.org/wiki/Harry_Markowitzhttp://en.wikipedia.org/wiki/Harry_Markowitzhttp://en.wikipedia.org/wiki/Jan_Mossinhttp://en.wikipedia.org/wiki/John_Lintnerhttp://en.wikipedia.org/wiki/John_Lintnerhttp://en.wikipedia.org/wiki/William_Forsyth_Sharpehttp://en.wikipedia.org/wiki/Capital_asset_pricing_model#cite_note-0http://en.wikipedia.org/wiki/Jack_L._Treynorhttp://en.wikipedia.org/wiki/Risk-free_interest_ratehttp://en.wikipedia.org/wiki/Expected_returnhttp://en.wikipedia.org/wiki/Beta_(finance)http://en.wikipedia.org/wiki/Market_riskhttp://en.wikipedia.org/wiki/Systematic_riskhttp://en.wikipedia.org/wiki/Riskhttp://en.wikipedia.org/wiki/Diversification_(finance)http://en.wikipedia.org/wiki/Portfolio_(finance)http://en.wikipedia.org/wiki/Assethttp://en.wikipedia.org/wiki/Rate_of_returnhttp://en.wikipedia.org/wiki/Finance

7/27/2019 571077 Sapm Notes

82/110

http://en.wikipedia.org/wiki/Security_market_linehttp://en.wikipedia.org/wiki/Modern_portfolio_theoryhttp://en.wikipedia.org/wiki/Geometric_Averagehttp://en.wikipedia.org/wiki/Sensitivity_and_specificityhttp://en.wikipedia.org/wiki/Beta_(finance)

7/27/2019 571077 Sapm Notes

83/110

7/27/2019 571077 Sapm Notes

84/110

http://en.wikipedia.org/wiki/Mutual_fundhttp://en.wikipedia.org/wiki/Mutual_fundhttp://en.wikipedia.org/wiki/Riskhttp://en.wikipedia.org/wiki/Utility_functionhttp://en.wikipedia.org/wiki/Capital_asset_pricing_model#cite_note-1http://en.wikipedia.org/wiki/Wikipedia:Citation_needed

7/27/2019 571077 Sapm Notes

85/110

http://en.wikipedia.org/wiki/Variancehttp://en.wikipedia.org/wiki/Return_on_investmenthttp://en.wikipedia.org/wiki/Diversification_(finance)http://en.wikipedia.org/wiki/Market_riskhttp://en.wikipedia.org/wiki/Unsystematic_riskhttp://en.wikipedia.org/wiki/Systematic_riskhttp://en.wikipedia.org/wiki/Portfolio_(finance)

7/27/2019 571077 Sapm Notes

86/110

http://en.wikipedia.org/wiki/File:Markowitz_frontier.jpghttp://en.wikipedia.org/wiki/Beta_coefficienthttp://en.wikipedia.org/wiki/Diversification_(finance)http://en.wikipedia.org/wiki/Infinite_divisibilityhttp://en.wikipedia.org/wiki/Capital_allocation_linehttp://en.wikipedia.org/wiki/Efficient_frontier

7/27/2019 571077 Sapm Notes

87/110

http://en.wikipedia.org/wiki/Market_portfoliohttp://en.wikipedia.org/wiki/Correlation

7/27/2019 571077 Sapm Notes

88/110

http://en.wikipedia.org/wiki/Behavioral_financehttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Coherent_risk_measurehttp://en.wikipedia.org/wiki/Capital_asset_pricing_model#cite_note-3http://en.wikipedia.org/wiki/Randomhttp://en.wikipedia.org/wiki/Normal_distributionhttp://en.wikipedia.org/wiki/Normal_distribution

7/27/2019 571077 Sapm Notes

89/110

http://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Problem_gamblinghttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Volatility_arbitragehttp://en.wikipedia.org/wiki/Efficient-market_hypothesishttp://en.wikipedia.org/wiki/Myron_Scholeshttp://en.wikipedia.org/wiki/Michael_Jensenhttp://en.wikipedia.org/wiki/Fischer_Blackhttp://en.wikipedia.org/wiki/Buffalo,_New_Yorkhttp://en.wikipedia.org/wiki/Capital_asset_pricing_model#cite_note-4http://en.wikipedia.org/wiki/David_Hirshleifer

7/27/2019 571077 Sapm Notes

90/110

http://en.wikipedia.org/wiki/Expected_returnhttp://en.wikipedia.org/wiki/Stockhttp://en.wikipedia.org/wiki/Asset_pricinghttp://en.wikipedia.org/wiki/Theoryhttp://en.wikipedia.org/wiki/Financehttp://en.wikipedia.org/wiki/Maslowian_Portfolio_Theoryhttp://en.wikipedia.org/wiki/Maslowian_Portfolio_Theoryhttp://en.wikipedia.org/wiki/Behavioral_portfolio_theoryhttp://en.wikipedia.org/wiki/Wikipedia:Citation_neededhttp://en.wikipedia.org/wiki/Capital_asset_pricing_model#cite_note-5http://en.wikipedia.org/wiki/Roll%27s_critiquehttp://en.wikipedia.org/wiki/Roll%27s_critiquehttp://en.wikipedia.org/wiki/Richard_Roll

7/27/2019 571077 Sapm Notes

91/110

http://en.wikipedia.org/wiki/Linearhttp://en.wikipedia.org/wiki/Risk-free_ratehttp://en.wikipedia.org/wiki/Risk_premiumhttp://en.wikipedia.org/wiki/Stephen_Ross_(economist)http://en.wikipedia.org/wiki/Economisthttp://en.wikipedia.org/wiki/Theoryhttp://en.wikipedia.org/wiki/Arbitragehttp://en.wikipedia.org/wiki/Discounts_and_allowanceshttp://en.wikipedia.org/wiki/Beta_coefficient

7/27/2019 571077 Sapm Notes

92/110

http://en.wikipedia.org/wiki/Beta_coefficienthttp://en.wikipedia.org/wiki/Discounthttp://en.wikipedia.org/wiki/CAPMhttp://en.wikipedia.org/wiki/Arbitragehttp://en.wikipedia.org/w/index.php?title=Arbitrage_pricing_theory&action=edit&section=2http://en.wikipedia.org/wiki/Matrix_singularityhttp://en.wikipedia.org/wiki/Perfect_competition

7/27/2019 571077 Sapm Notes

93/110

http://en.wikipedia.org/wiki/Short_sellinghttp://en.wikipedia.org/wiki/Short_sellinghttp://en.wikipedia.org/wiki/Short_sellinghttp://en.wikipedia.org/wiki/Long_(finance)

7/27/2019 571077 Sapm Notes

94/110

http://en.wikipedia.org/wiki/Capital_asset_pricing_modelhttp://en.wikipedia.org/wiki/Modern_portfolio_theory#Securities_Market_Linehttp://en.wikipedia.org/wiki/Capital_asset_pricing_model

7/27/2019 571077 Sapm Notes

95/110

http://en.wikipedia.org/wiki/Yield_curvehttp://en.wikipedia.org/wiki/GNPhttp://en.wikipedia.org/wiki/Inflationhttp://en.wikipedia.org/wiki/Stephen_Ross_(economist)http://en.wikipedia.org/wiki/Richard_Rollhttp://en.wikipedia.org/wiki/A_priori_and_a_posteriori_(philosophy)http://en.wikipedia.org/wiki/Empiricalhttp://en.wikipedia.org/wiki/Linear_regressionhttp://en.wikipedia.org/wiki/Linear_regression

7/27/2019 571077 Sapm Notes

96/110

http://en.wikipedia.org/wiki/Informationhttp://en.wikipedia.org/wiki/Bondshttp://en.wikipedia.org/wiki/Stockshttp://en.wikipedia.org/wiki/Assetshttp://en.wikipedia.org/wiki/Risk-weighted_assethttp://en.wikipedia.org/wiki/Stock_market#United_States_stock_market_returnshttp://en.wikipedia.org/wiki/Stock_market#United_States_stock_market_returnshttp://en.wikipedia.org/wiki/Financial_marketshttp://en.wikipedia.org/wiki/Financehttp://www.axiomainc.com/http://www.northinfo.com/http://www.apt.com/http://en.wikipedia.org/wiki/MSCIhttp://en.wikipedia.org/wiki/Exchange_ratehttp://en.wikipedia.org/wiki/NYSE_Composite_Indexhttp://en.wikipedia.org/wiki/NYSE_Composite_Indexhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Factor_analysis

7/27/2019 571077 Sapm Notes

97/110

http://en.wikipedia.org/wiki/Market_anomalyhttp://en.wikipedia.org/wiki/Fundamental_analysishttp://en.wikipedia.org/wiki/Technical_analysishttp://en.wikipedia.org/wiki/Rational_expectationshttp://en.wikipedia.org/wiki/Utilityhttp://en.wikipedia.org/wiki/Late-2000s_financial_crisishttp://en.wikipedia.org/wiki/Rational_expectations

7/27/2019 571077 Sapm Notes

98/110

http://en.wikipedia.org/wiki/Technical_analysishttp://en.wikipedia.org/wiki/Fundamental_analysishttp://en.wikipedia.org/wiki/Fundamental_analysishttp://en.wikipedia.org/wiki/NP-hardhttp://en.wikipedia.org/wiki/Sinusoidal

7/27/2019 571077 Sapm Notes

99/110

http://en.wikipedia.org/wiki/Registered_investment_advisorhttp://en.wikipedia.org/wiki/Investment_Company_Act_of_1940http://en.wikipedia.org/wiki/Investment_Company_Act_of_1940http://en.wikipedia.org/wiki/Hedge_fundshttp://en.wikipedia.org/wiki/Exchange-traded_fundhttp://en.wikipedia.org/wiki/Closed-end_fundhttp://en.wikipedia.org/wiki/Unit_investment_trusthttp://en.wikipedia.org/wiki/Unit_investment_trusthttp://en.wikipedia.org/wiki/Open-end_fundhttp://en.wikipedia.org/wiki/Investment_companyhttp://en.wikipedia.org/wiki/Investment_companyhttp://en.wikipedia.org/wiki/Investment_Company_Act_of_1940http://en.wikipedia.org/wiki/Registered_investment_advisorhttp://en.wikipedia.org/wiki/Trade_(financial_instrument)http://en.wikipedia.org/wiki/Fund_managerhttp://en.wikipedia.org/wiki/Trusteehttp://en.wikipedia.org/wiki/Board_of_directorshttp://en.wikipedia.org/wiki/Securities_and_Exchange_Commissionhttp://en.wikipedia.org/wiki/Securities_and_Exchange_Commissionhttp://en.wikipedia.org/wiki/Money_markethttp://en.wikipedia.org/wiki/Bond_(finance)http://en.wikipedia.org/wiki/Stockhttp://en.wikipedia.org/wiki/Collective_investment

7/27/2019 571077 Sapm Notes

100/110

http://en.wikipedia.org/wiki/SICAVhttp://en.wikipedia.org/wiki/UCITShttp://en.wikipedia.org/wiki/Unitised_insurance_fundhttp://en.wikipedia.org/wiki/Unitised_insurance_fundhttp://en.wikipedia.org/wiki/OEIChttp://en.wikipedia.org/wiki/Unit_trusthttp://en.wikipedia.org/wiki/Mutual_fund#cite_note-1

7/27/2019 571077 Sapm Notes

101/110

http://en.wikipedia.org/wiki/Open-end_fundhttp://en.wikipedia.org/wiki/Exchange-traded_fundhttp://en.wikipedia.org/wiki/Closed-end_fundhttp://en.wikipedia.org/wiki/Closed-end_fundhttp://en.wikipedia.org/wiki/Unit_investment_trusthttp://en.wikipedia.org/wiki/Open-end_fundhttp://en.wikipedia.org/wiki/Investment_Company_Act_of_1940http://en.wikipedia.org/wiki/Investment_Company_Act_of_1940http://en.wikipedia.org/wiki/Investment_companyhttp://en.wikipedia.org/wiki/Mutual_fund#cite_note-13

7/27/2019 571077 Sapm Notes

102/110

http://en.wikipedia.org/wiki/Prospectus_(finance)http://en.wikipedia.org/wiki/Security_(finance)http://en.wikipedia.org/wiki/Index_fundhttp://en.wikipedia.org/wiki/Stock_exchangehttp://en.wikipedia.org/wiki/Exchange-traded_notehttp://en.wikipedia.org/wiki/Stock_exchangehttp://en.wikipedia.org/wiki/Initial_public_offeringhttp://en.wikipedia.org/wiki/Mutual_fund#cite_note-14

7/27/2019 571077 Sapm Notes

103/110

http://en.wikipedia.org/wiki/Portfolio_managerhttp://en.wikipedia.org/wiki/Portfolio_managerhttp://en.wikipedia.org/wiki/Portfolio_(finance)

7/27/2019 571077 Sapm Notes

104/110

http://en.wikipedia.org/wiki/Mutual_fund#cite_note-17http://en.wikipedia.org/wiki/Junk_bonds

7/27/2019 571077 Sapm Notes

105/110

http://en.wikipedia.org/wiki/Active_managementhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Index_fundhttp://en.wikipedia.org/wiki/Mutual_fund#cite_note-19http://en.wikipedia.org/wiki/Mutual_fund#cite_note-18

7/27/2019 571077 Sapm Notes

106/110

http://en.wikipedia.org/wiki/Back-end_loadhttp://en.wikipedia.org/wiki/Breakpointshttp://en.wikipedia.org/wiki/Stock_brokerhttp://en.wikipedia.org/wiki/Commission_(remuneration)http://en.wikipedia.org/wiki/Sales_chargehttp://en.wikipedia.org/wiki/Front-end_load

7/27/2019 571077 Sapm Notes

107/110

http://en.wikipedia.org/wiki/401(k)http://en.wikipedia.org/wiki/12b-1http://en.wikipedia.org/wiki/Deferred_sales_chargehttp://en.wikipedia.org/wiki/Deferred_sales_chargehttp://en.wikipedia.org/wiki/Front-end_loadhttp://en.wikipedia.org/w/index.php?title=No-load_fund&action=edit&redlink=1

7/27/2019 571077 Sapm Notes

108/110

http://en.wikipedia.org/wiki/Breakpoints

7/27/2019 571077 Sapm Notes

109/110

http://en.wikipedia.org/wiki/Commission_(remuneration)

7/27/2019 571077 Sapm Notes

110/110

http://en.wikipedia.org/wiki/Mutual_fund#cite_note-20