An annuity contract that delays
payments of income, installments
or a lump sum until investor
elects to receive it
What is a Deferred Annuity ?
100
When my price rises my yield
declines
What is a bond?
100
This act requires an investment
company engaged in interstate
commerce to register with
the SEC.
What is the Investment Company Act of 1940?
100
Investors may lose principal
due to day to day
fluctuations in prices of
securities
What is Market Risk?
200
NAV + Sales Charges
What is Public Offering Price?
200
The Interest Rate stated on the
face of a bond that represents
the percentage of interest
the issuer pays on the face
value
What is is Nominal Yield?
200
I have interest coupons
attached to my certificate
What is a bearer bond?
200
Designed to prevent fraud in
sales of newly issued
securities, this act is meant
to protect the public through full
disclosure
What is the Securities Act of 1933 ?
200
The rate of today many not be
the rate of tomorrow or the
rate a year from now.
Seems risky
What is Interest Rate Risk?
300
Annual Dividend /
Current Market Price
What is Dividend Yield for Stocks?
300
These letters stand for the
largest equities-based exchange
in the world based on total
capitalization of its
listed securities
What is NYSE ?
300
I measure annualized return
on bonds by looking at the
difference between the Price
Paid and the Par Value
What is Yield to Maturity (YTM)?
300
This act helped convict
Martha Stewart of trading
practices that were prohibited
What is the Insider Trading & Securities Fraud Enforcement Act of 1988?
300
When interest rates decline, it
is difficult to get the same rate
of return on the distributions
at the same level of risk when the
distributions are put back into
the investment
What is Reinvestment Risk?
400
POP – NAV / POP
What is Sales Charge Percentage?
400
This annuity payout option
guarantees a monthly check for
a certain period of time
regardless of if the annuitant
is living
What is Period Certain?
400
I pay interest every
six months
What is a Treasury Note? (T Note)
400
This act had a hand in the
creation of the SEC,
regulates manipulation of the
secondary market and
regulates extension of credit
by the Federal Reserve
What is the Securities Exchange Act of 1934 ?
400
The inability to sell a security
quickly
at a fair market price
What is liquidity risk?
500
Total $ Invested /
# of Shares Purchased
What is Dollar Cost Averaging Per Share?
500
This rate forms the basis for
projecting payments but is not
guaranteed. If more than this is
earned the payment will go up,
if less is earned the next payment
will go down.
What is Assumed Interest Rate (AIR)
500
I am the measurement for
the coupon rate in relation to
the yield when the bond is
offered at Par
What is Nominal?
500
Federal legislation requiring
“full and fair disclosure” of all
material info about the
issuance of a new security
What is the Securities Act of 1933?
500
Jane is heavily invested
in global and international
securities. She is watching
World News carefully regarding
North Korea to minimize this