Name: Understanding Mutual Funds Types and Performance
Price: 99 CAD
Rating: 4.8 (12 reviews)

What You'll Learn

check_circleUnderstand mutual fund basics and their Canadian structure.

check_circleDifferentiate between various mutual fund types and risks.

check_circleAnalyze performance metrics like NAVPS and Sharpe Ratio.

check_circleEvaluate mutual fund fees and regulatory frameworks.

check_circleSelect mutual funds based on performance and risk assessment.

About This Course

Welcome to "Understanding Mutual Funds: Types and Performance," a continuing education course presented by PNC Learning, fulfilling a partial requirement for FP Canada. In today's dynamic financial landscape, mutual funds offer a popular investment vehicle, but navigating their diverse types and assessing their performance can be complex. This course will demystify mutual funds, providing you with a foundational understanding of their structure, regulation, critical types, and how to effectively evaluate their performance.

Upon completion, you will be able to:

Understand the fundamental definition and characteristics of mutual funds, including Net Asset Value Per Share (NAVPS) and the distinction between shares and units.
Grasp the advantages and disadvantages of mutual fund investments, from professional management and diversification to associated fees and suitability.
Explore the intricate structure and control mechanisms of mutual funds, including the roles of directors, trustees, fund managers, independent review committees, custodians, and distributors.
Delve into the regulatory framework governing mutual funds in Canada, including key National Instruments, disclosure documents like the Fund Facts and simplified prospectus, and the role of Self-Regulatory Organizations (SROs) such as the MFDA and IIROC.
Differentiate between conservative mutual fund types, including money market funds (with current and effective yield calculations) and mortgage mutual funds (residential vs. commercial, interest rate sensitivity).
Examine riskier mutual fund products, such as balanced funds (hybrid nature, glide path, maturity date), equity funds (standard, growth, index, derivatives), and specialty funds (limited objectives, global funds, associated risks).
Analyze mutual fund performance using various metrics, including the Sharpe ratio, and learn how to conduct performance assessments using comparison universes and benchmark indexes (S&P/TSX Composite, S&P 500, MSCI EAFE Index, DEX Universe Bond Index, Scotia Capital Markets 91-day T-Bill Index).
Master the systematic approach to selecting mutual funds, considering volatility, the Canadian Investment Funds Standards Committee (CIFSC) classification, investment philosophy (value, growth, sector rotation, momentum), process, and key performance indicators like simple vs. compound return, reward-to-risk ratio, and beta.
Understand the practical steps involved in mutual fund selection, from researching performance data and focusing on investment objectives to evaluating fees, fund size, and the consistency of management.

This course provides clear, concise, and actionable insights, equipping you with the knowledge to make informed decisions regarding mutual fund investments and empower you to better serve clients in this crucial area of financial planning.

Your Instructor

PNC Learning

2x Award Winning Commercial Insurance Broker

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star344 reviews

Founder and CEO of PNC Learning (a wholly owned LearnDay subsidiary), one of Canada’s leading independent providers of pre-licensing and accredited continuing education courses for insurance professionals. https://courses.pnclearning.com With programs currently in use by thousands of students and at some of the largest insurance brokerages across Canada, Jacques has deep experience in successfully launching and marketing new e-Learning programs for the fitness industry, financial services, and other regulated industries. With a technical background, his expertise in e-Learning includes content creation, sales & marketing, and everything required to bring a new e-Learning program to market from the ground up.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.8

Student's Choice

12 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.