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Friday, 25 August 2017

BELIF MODEL PAPER 17

Court Bailiff Job Duties
Court bailiffs are law enforcement officers who are situated in courtrooms to maintain order and provide security. Along with guarding juries and enforcing rules of the courts, bailiffs open court by announcing the judges' arrival and close court by announcing the judges' departure. They may call witnesses to the stand and present the oath before witnesses take the stand. Court bailiffs might also provide administrative support to judges and jurors, stock courtroom supplies, deliver court documents and take custody of offenders.

Court Bailiff Requirements
Becoming a court bailiff entails at least a high school diploma or GED. Supplemental training, either at a 2- or 4-year college, vocational school or police academy, may be an asset in pursuing a position as a court bailiff. Coursework in fields like criminal justice, law enforcement or civil rights can provide a relevant background for careers in law enforcement and administration. In fact, employment at the federal level may require a bachelor's degree as well as related work experience. After obtaining employment, court bailiffs often complete formal training programs regulated by the state or federal government.Additional Qualifications
Since court bailiffs maintain safety in the courtroom, they may benefit from CPR and first aid training. Some court systems require court bailiffs to attend firearm training classes and to be comfortable using chemical sprays, such as pepper spray. Successful court bailiffs pay attention to detail, have the ability to work well in teams and have strong communication skills. They must also meet physical fitness standards and have clean criminal records.

Bailiffs are law enforcement officers charged with keeping order in a courtroom. A high school diploma may be all that's required for most positions, but bailiffs for federal court need a bachelor's degree. They usually must complete a law enforcement training program as wel
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Thursday, 24 August 2017

MISSION BELIF PART 13

An Mutual Fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. One of the main advantages of mutual funds is that they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult (if not impossible) to create with a small amount of capital.
— A complete, but concise, tutorial about mutual funds in a one-page format with sidebars, illustrations, formulas, examples, and clear definitions of basic terms.Mutual Fund CompaniesInvestment AdviserBoard of DirectorsCustodianTypes of Investment

CompaniesManagement CompaniesOpen-End Mutual FundsClosed-End Mutual FundsExchange Traded Funds (ETF)Evaluating a Mutual FundProspectusStatement of Additional Information (SAI)FeesNo Load Mutual Fund FeesClasses of Mutual Fund SharesExpense RatioMeasuring Mutual Fund PerformanceInvesting in a Mutual FundBuying Mutual Fund SharesProfiting from a Mutual FundRegulation of Mutual Fund CompaniesWhat to Consider When Buying Mutual Fund SharesNo-Load Funds may have Fees for Purchasing or Selling SharesLower Fees and Expenses Increases Total Returns and Yields; Higher Expenses Lowers ReturnsBeware of Closet Indexers

Statement of Additional Information (SAI)New Format for Prospectuses: the Summary Prospectus and the Statutory ProspectusA Mutual Fund's Past Performance is no Indication of its Future Performance Shareholder Fees12b-1 Fees (Shareholder Service Fees)Sales LoadClasses of Mutual Fund SharesSales LoadBreakpointsLetter of IntentRights of AccumulationNo Load Mutual Fund FeesPurchase FeeRedemption FeeExchange FeeAccount FeeAnnual Fund Operating ExpensesManagement FeesDistribution FeesOther ExpensesTotal Annual Fund Operating Expenses — Expense Ratio Buying SharesReinvestment PrivilegeRedemption of SharesSystematic

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Thursday, 3 August 2017

MISSION CLERK PART 18

MISSION CLERK PART 18

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. Mutual funds have advantages and disadvantages compared to direct investing in individual securities. The primary advantages of mutual funds are that they provide a higher level of diversification, they provide liquidity, and they are managed by professional investors. On the negative side, investors in a mutual fund must pay various fees and expenses. Primary structures of mutual funds include open-end funds, unit investment trusts, and closed-end funds. Exchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange. Mutual funds are also classified by their principal investments as money market funds, bond or fixed income funds, stock or equity funds, hybrid funds or other. Funds may also be categorized as index funds, which are passively managed funds that match the performance of an index, or actively managed funds. Hedge funds are not mutual funds; hedge funds cannot be sold to the general public and are subject to different government regulations. Mutual funds were introduced to the United States in the 1890s. Early U.S. funds were generally closed-end funds with a fixed number of shares that often traded at prices above the portfolio net asset value. The first open-end mutual fund with redeemable shares was established on March 21, 1924 as the Massachusetts Investors Trust. (It is still in existence today and is now managed by MFS Investment Management.) In the United States, closed-end funds remained more popular than open-end funds throughout the 1920s. In 1929, open-end funds accounted for only 5% of the industry's $27 billion in total assets.