Equity Investor

What type of investor are you?

Exchange-Traded Fund (ETFs)

An ETF is an open-ended mutual fund that can be bought or sold throughout the trading day like a stock on a stock exchange. Unlike a traditional mutual fund which can only be bought/sold at the end of the day, at net asset value and directly from the sponsor, an ETF can be bought/sold throughout the day through the exchange at a prevailing market price. Exchange-Traded Funds (ETFs) Terminology

Stocks and Equity

Historically, dividends have helped investors to gain reliable income and additional growth from their investment portfolios over time. In fact, the boost that dividends provide can help to mitigate the effects of market volatility on a portfolio, thereby helping investors to feel more comfortable with their equity investments and stay invested through turbulent times. Moreover, many companies are able to grow their earnings and reward investors by increasing their dividend payouts, which can also lead to share-price gains

Non-Principal Protected Notes (NPPN)

Non-Principal Protected Note Securities (NPPNs) are products that allow clients to customize return to suit their investment needs. Traditional equity investments provide full exposure to the market, whether the performance is positive or negative. NPPNs provide clients with an alternative to traditional equities that can offer an enhanced return if the underlying equity investment rises and varying levels of principal protection if the market falls. NPPNs can be linked to a variety of underlyings investments including indices, single stocks, portfolios of shares, industry sectors, commodities and currencies.

Closed Ended Funds

Like a traditional mutual fund, a CEF invests in a portfolio of securities and is managed, typically, by an investment management firm. But unlike mutual funds, CEFs are closed in the sense that capital does not regularly flow into them when investors buy shares, and it does not flow out when investors sell shares.  After the initial public offering (IPO), shares are not traded directly with the sponsoring fund family, as is the case with open-end mutual funds.

​

Instead, shares are traded on an exchange, typically, and other market participants act as the corresponding buyers or sellers.  The fund itself does not issue or redeem shares daily. Like stocks, CEFs hold an initial public offering at their launch. With the capital raised during this IPO, the portfolio managers then buy securities befitting the fund's investment strategy.