This course is not active. Please contact Department Chair for more information.
1. Introduction to investing and investment funds.
2. The organization and operation of mutual funds.
3. Buying and selling mutual fund securities.
4. Overview of mutual funds markets.
5. Types of securities into which investment funds invest.
6. Financial statement analysis.
7. Risk/return trade-off. Evaluation of risk and assessment of return.
8. Methods of calculating and offering (buying) prices.
9. Purchasers' legal and contractual rights.
10. Share redemption and withdrawal plans.
11. Management and other fees.
12. Regulation and ethical behaviour.
13. Life insurance.
14. Sales practices.
Material will be presented within a lecture/discussion/application environment. Students will be required to obtain prospectuses, offering memoranda, and other funds publications to be used in term projects and regular assignments.
Term examinations (2) 40%
Term project 20%
Written assignments 20%
Final examination 20%
100%
Upon completion of this course the candidate will be able to:
1. Develop a sensitivity to the customer's objectives and ability to match financial need with the appropriate mutual product.
2. Develop an awareness of investment funds constraints and regulations and ability to translate this knowledge into meaningful responses to an investor's questions.
3. Demonstrate an understanding of the terminology, theory, and mechanics of investment fund operations.
4. Explain how economic and market forces affect the value of a fund's shares.
5. Discuss and be able to differentiate the differences, product attributes, fees, valuation methods amongst all the investment funds.
6. Conduct a complete financial analysis, evaluation, comparison of mutual funds.
7. Explain the organizational and operational set-up of mutual funds, fee structures, offering prices, mechanics of buying and selling.
8. Be able to structure, analyze, compare auditors' reports on the performance of mutual funds, including a review of balance sheets, income statements, statements of changes in financial position.
Textbooks and Materials to be Purchased by Students
Walker, Peter. Investment Funds in Canada, Latest Edition. Montreal: The Institute of Canadian Bankers. Investment Funds in Canada Workbook. Montreal: The Institute of Canadian Bankers, Latest Edition.
Hirt, Geoffrey and Stanley Block. Fundamentals of Investment Management, Latest Edition. Chicago: Irwin Publishing.
Available computer worksheet templates will be used in order to assess financial and fund performances.
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.
These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca
| Institution | Transfer Details for FINC 2350 | |
|---|---|---|
| There are no applicable transfer credits for this course. | ||