• Acquire certain skills and understanding related to mutual funds and ETFs, including how to identify various product types, as well as their benefits and drawbacks
• Gain hands-on know-how through a practical demonstration of how to use market scanners an online trading platform.
Introduction to Mutual Funds
• Identify various types of mutual funds, comprehend the difference between active and passive management, understand how open-end and closed-end mutual funds differ, • Learn about some of the potential benefits and drawbacks of mutual funds, as well as help determine for themselves whether mutual funds are an appropriate investment for them.
Mutual Fund Trading, Pricing and Fees
• Identify the different ways people can invest in mutual funds • Know when orders to buy or sell a mutual fund can be placed • Understand when and how often mutual funds are priced • Learn how mutual fund share prices are determined • Know how to explain the major share classes and the fees for each type
Purchasing and Transferring Mutual Funds
The Main Goals: See how mutual funds can be purchased using Interactive Brokers’ trading platforms; Learn how to track trades and see when trades are entered, pending, accepted and confirmed; Find out how to transfer mutual funds from one bank or brokerage account to another.