IB Classroom: The Common Financial products You Need To Know For a Career in Wealth Management and Asset Management

Mutual funds - Structured to diversify the client’s money by investing it across different bonds and stocks. Asset Man firms in turn charge a fee for managing these mutual fund portfolios. You can choose to invest in Emerging Market Funds, Growth Funds, Municipal Funds (investing in debt issued by states/ govts), TIPS (US Treasury bonds), Index, and Investment grade funds  Derivatives - Their value is derived from other underlying assets. Can be traded over-the-counter or on an exchange like Asian options, Credit Default Swap, FX option, equity-linked notes  ETF - An ETF is diversified in individual securities, commodities, preferred stock, or indexes like S&P 500. But it trades actively throughout a trading day (unlike mutual funds that are traded by the closing bell). Traders monitor price fluctuations across indexes to pick price points for buy and sell decisions for immediate liquidity. Want to know more about IB insights? Subscribe to WhatsApp Broadcast on  https://lnkd.in/fbCDGdf

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