Directors Transactions





Directors Transactions

Stock Market - Started Market - Buy Stocks - Sell Stocks

Bear Market - Mutual Fund - Market Crash - Market Timing






The Economics Of Mutual Fund Markets

RRP $738.99

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The original impetus for this research was provided several years ago by a request to assist Counsel for Fidelity Management and Research Corporation in analyzing the mutual fund industry, with particular emphasis on money market mutual funds. We were asked to focus our efforts on the mechanism by which the advisory fees of mutual funds are determined. This request arose out of litigation that challenged the level of advisory fees charged to the shareholders of the Fidelity Cash Reserve Fund. Subsequently, we were asked to provide similar assistance to Counsel for T. Rowe Price Associates regarding the fees charged to shareholders of their Prime Reserve Fund. 1940, advisers of Under the Investment Company Act of mutual funds have a fiduciary duty with respect to the level of fees they may charge a fund's shareholders. Since the passage of the Investment Company Act, there have been numerous lawsuits brought by shareholders alleging that advisory fees were excessive. In these lawsuits, the courts have failed to provide a set of standards for determining when such fees are excessive. Instead, they have relied on arbitrary and frequently ill-defined criteria for jUdging the reasonableness of fees. This failure to apply economic-based tests for evaluating the fee structure of mutual funds provided the motivation for the present book, which undertakes a comprehensive analysis of the economics of the mutual fund industry.


The Economics Of Mutual Fund Markets

RRP $24.99

Click on the Google Preview image above to read some pages of this book!

The original impetus for this research was provided several years ago by a request to assist Counsel for Fidelity Management and Research Corporation in analyzing the mutual fund industry, with particular emphasis on money market mutual funds. We were asked to focus our efforts on the mechanism by which the advisory fees of mutual funds are determined. This request arose out of litigation that challenged the level of advisory fees charged to the shareholders of the Fidelity Cash Reserve Fund. Subsequently, we were asked to provide similar assistance to Counsel for T. Rowe Price Associates regarding the fees charged to shareholders of their Prime Reserve Fund. 1940, advisers of Under the Investment Company Act of mutual funds have a fiduciary duty with respect to the level of fees they may charge a fund's shareholders. Since the passage of the Investment Company Act, there have been numerous lawsuits brought by shareholders alleging that advisory fees were excessive. In these lawsuits, the courts have failed to provide a set of standards for determining when such fees are excessive. Instead, they have relied on arbitrary and frequently ill-defined criteria for jUdging the reasonableness of fees. This failure to apply economic-based tests for evaluating the fee structure of mutual funds provided the motivation for the present book, which undertakes a comprehensive analysis of the economics of the mutual fund industry.


The Economics Of Mutual Fund Markets

RRP $24.99

Click on the Google Preview image above to read some pages of this book!

The original impetus for this research was provided several years ago by a request to assist Counsel for Fidelity Management and Research Corporation in analyzing the mutual fund industry, with particular emphasis on money market mutual funds. We were asked to focus our efforts on the mechanism by which the advisory fees of mutual funds are determined. This request arose out of litigation that challenged the level of advisory fees charged to the shareholders of the Fidelity Cash Reserve Fund. Subsequently, we were asked to provide similar assistance to Counsel for T. Rowe Price Associates regarding the fees charged to shareholders of their Prime Reserve Fund. 1940, advisers of Under the Investment Company Act of mutual funds have a fiduciary duty with respect to the level of fees they may charge a fund's shareholders. Since the passage of the Investment Company Act, there have been numerous lawsuits brought by shareholders alleging that advisory fees were excessive. In these lawsuits, the courts have failed to provide a set of standards for determining when such fees are excessive. Instead, they have relied on arbitrary and frequently ill-defined criteria for jUdging the reasonableness of fees. This failure to apply economic-based tests for evaluating the fee structure of mutual funds provided the motivation for the present book, which undertakes a comprehensive analysis of the economics of the mutual fund industry.


Fundamentals Of Switching Theory And Logic Design

RRP $343.99

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Switching theory and logic design provide mathematical foundations and tools for digital system design that is an essential part in the research and development in almost all areas of modern technology. The vast complexity of modern digital systems implies that they can only be handled by computer aided design tools that are built on sophisticated mathematical models. Fundamentals of Switching Theory and Logic Design is aimed at providing an accessible introduction to these mathematical techniques that underlie the design tools and that are necessary for understanding their capabilities and limitations.

As is typical to many disciplines a high level of abstraction enables a unified treatment of many methodologies and techniques as well as provides a deep understanding of the subject in general. The drawback is that without a hands-on touch on the details it is difficult to develop an intuitive understanding of the techniques. We try to combine these views by providing hands-on examples on the techniques while binding these to the more general theory that is developed in parallel. For instance, the use of vector spaces and group theory unifies the spectral (Fourier-like) interpretation of polynomial, and graphic (decision diagrams) representations of logic functions, as well as provides new methods for optimization of logic functions.

Consequently, Fundamentals of Switching Theory and Logic Design discusses the fundamentals of switching theory and logic design from a slightly alternative point of view and also presents links between switching theory and related areas of signal processing and system theory. It also covers the core topics recommended in IEEE/ACM curricula for teaching and study in this area. Further, it contains several elective sections discussing topics for further research work in this area



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Directors Transactions Articles

Stock Market Started Market Buy Stocks Sell Stocks
Bear Market Mutual Fund Market Crash Market Timing
Market Investment Investment Advice Insider Strategies Stock Trading

Directors Transactions Books

Stock Market Started Market Buy Stocks Sell Stocks
Bear Market Mutual Fund Market Crash Market Timing
Market Investment Investment Advice Insider Strategies Stock Trading

Directors Transactions