The example of denomination intermediation function of mutual funds/unit trusts is investing short-term funds in off-balance sheet activities. investing in securities sold in high denomination that otherwise may be out of reach of retail investors. transforming short term sources of funds into long term investments by taking short term deposits to fund long term loans. transferring of funds from one generation to another.
The example of denomination intermediation function of mutual funds/unit trusts is investing short-term funds in off-balance sheet activities. investing in securities sold in high denomination that otherwise may be out of reach of retail investors. transforming short term sources of funds into long term investments by taking short term deposits to fund long term loans. transferring of funds from one generation to another.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The example of denomination intermediation function of mutual funds/unit trusts is
investing short-term funds in off-balance sheet activities.
investing in securities sold in high denomination that otherwise may be out of reach of retail investors.
transforming short term sources of funds into long term investments by taking short term deposits to fund long term loans.
transferring of funds from one generation to another.
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