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Chapter 4 ROLE IN THE SAVING PROCESS
BASIC FACTORS GOVERNING INVESTMENT POL
TRENDS IN INVESTMENT
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accounts accumulation plan activities additional American amount applied assets Association average basic billion capital cash changes closed-end companies Commission common stock continuing contract corporate developed directors distribution diversification dollars economic effect equity established existing experience federal field flow gains Government growth held holders holdings important income increased indicated individual industry institutions interest investment company shares Investment Trusts investors issues listed long-term major management investment companies ment method mutual fund noted objectives offering open-end companies open-end investment companies operation organization ownership panies percent percentage period person portfolio position practices preferred purchases Quarter recent redemptions regular regulations relatively reports represent requirements savings securities shareholders sources stability structure substantial TABLE tion Traded trends United utilized York Stock Exchange