Mutual Funds & Other Investments takes an in-depth look at the various types of “packaged products” available in the marketplace, such as mutual funds, ETFs, closed-end funds, UITs, hedge funds, etc., and analyzes the structure, characteristics, and usage in client portfolios of the various types of investments. There is also a detailed discussion of all the important factors and considerations that go into not only helping clients select appropriate mutual funds, but suitability and knowing your customer as well.

10–1 Explain the characteristics, structure, types, and objectives of unit investment trusts and closed- and open-end mutual funds.
10–2 Explain the characteristics and objectives of exchange-traded funds and hedge funds.
10–3 Calculate the average cost per share of a mutual fund using various averaging techniques.
10–4 Compare various formula investment strategies using averaging techniques.
10–5 Analyze mutual fund data to determine critical factors in selecting funds for investment.
10–6 Evaluate mutual fund alternatives to select an appropriate fund to meet given client objectives and risk profiles.

Author: Craig Kinnunen, MS, CFP®

Craig Kinnunen, MS, CFP® is an associate professor at the College for Financial Planning. Prior to joining the College, Craig enjoyed a long and successful career in personal financial planning and wealth management. Craig’s enthusiasm for financial planning extends beyond the classroom, as he also spends time providing pro bono financial education and individual financial counseling to members of the Colorado National Guard. Craig earned a bachelor of science degree in accounting from Northern Michigan University and followed that up with a master of science degree in finance from the University of Colorado in Denver. You can contact Craig at craig.kinnunen@cffp.edu.

Complexity Level: Intermediate