tailieunhanh - Global Mutual Fund Industry Comparisons: Canada, The United Kingdom And The United States

In a broad sense, land grabbing is not a new phenomenon. It has been a recurrent pattern in human history. Neverthe- less, over the last few years, a new type of land grabbing has arisen, and these shifts in land acquisition trends have caught the attention of the international community. One of the re- cent changes is that not only agribusiness in its narrow sense (producing sector) has an increased interest in land, but also transnational corporations upstream and downstream the value chain. Those have traditionally avoided direct involvement in agricultural production because of production risks. Now, these companies as well as. | International Business Economics Research Journal - October 2010 Volume 9 Number 10 Global Mutual Fund Industry Comparisons Canada The United Kingdom And The United States Brian D. Fitzpatrick Rockhurst University USA Daniel C. Hepp Erinn J. Lott ABSTRACT The concept of mutual funds is older than many believe originating in Holland over 230 years ago. Through the years mutual funds have evolved by allowing investors to invest their capital in various venues. The structure of mutual funds in Canada the United Kingdom and the United States possess similar configurations. The majority of funds in all three nations are invested in the equity market. Although the structure may be the same the size in terms of assets varies by these three countries. This is not the only difference though the expense ratio is greatly differentiated dramatically affecting the amount of return that the investor will anticipate over time. Assuming identical returns the authors illustrate that over a hypothetical ten-year time period your funds would grow the most in the United States followed by the United Kingdom and finally Canada. This analysis assumes comparable contemporary expense ratios of for the United States for the United Kingdom and for Canada. In addition we make the assumption that these comparison countries are having investors procure funds in no-load mutual funds. Keywords Canada commercial paper expense ratios foreign bonds global funds growth funds income funds no-load mutual funds United Kingdom United States INTRODUCTION he mutual fund industry was created over 230 years ago in Holland making it seem older than many Oy people often perceive. In 1774 Adriaan van Ketwich created an investment trust entitled Eendragt Maakit Magt which when translated into English means Unity Creates Strength . The trust received aid from investors who pooled their capital together to invest in bonds. The main goal of this investment trust was to diversify risk by investing in .