Thursday, January 30, 2020
Portfolio Analysis Essay Example for Free
Portfolio Analysis Essay In the investment world there are many investment options to choose from, one of there investment option is the mutual fund .a mutual fund is an investment where the investors pool resources together which are then invested in securities, fixed interest stocks and money market instruments like derivatives.            The mutual funds is a professionally managed by fund managed whose sole purpose is to ensure that the returns on the invested assets are maximized to the benefits of the individual investors.            The performance of the mutual fund can be calculated by fund managers whose sole purpose is to ensure that the returns on the invested assets are maximized to the benefit of the individual investors            The performance of the mutual fund can be calculated on a daily basis by taking the current market value of the fund and dividing it with the number of securities in the fund1 Mutual funds are usually open end company governed by the investments company act (1940) in the U. S.A Mutual funds are suitable for those high net worth individuals who are either too busy to deal personally with their investments or those investors who don’t have the investment know-how. Investors in mutual funds should have investment objectives for the mid term to long term so as to reap maximum benefits.            Some of the mutual finds include stock money market funds, hybrid funds and bond funds In the following discussion we are going to discuss dominion funds which are registered in the Guernsey in the channel islands which is an off share country.            The dominion funds are divided in to 2 the chic fund and the x-fund. Dominion funds The company Domination Company is an investment fund management firm that is registered in the Guernsey in the Channel Islands with branch a in Switzerland.            The dominion brand is a sophisticated innovative and elegant. These attributes are in line with the business principles of the company.            The dominion fund is developed to meet the ever changing demands of the intelligent investors of today who include professional investors.            These investors demand extra performance and excellent service from the fund manager and that is why the dominion brand was created to deliver excellent service and returns.            To achieve this level of standards the company has companies two dominion distribution management limited branches in Guernsey and a dominion risk management S.A based in Switzerland. Funds traded The funds managed by dominion company are the x funds and chic funds Chic funds The structure of this fund is that it has the currency class of 3 major currencies (US $ EURO â‚ ¬ GBP  £) which are combined to form the fund. The fund itself is an 80% index portfolio and 20% active port folio.            These funds managed by dominion chic fund limited which invests in diversified stock of luxury goods and services companies recognized the world over.            Apart from being available in 3 currencies an investing in luxury goods companies the funds also offer weekly prices and redemptions.            The objective of this fund is the long-term capital appreciation. This is achieved by the division of the fund in to 2 passive investment –range between 80-100% of all assets invested depending on the stylish structure developed by the investment manager(blackrock merill lynch investment manager) and dominion company. The investment manager is required to manage the basic index in this investment as prescribed. Active investment- forms up to 20% and its objective is to increase the returns and volatility reduction. The active investment is also used to invest in those newly listed companies and in new luxury goods. Assets invested There is no single definition of luxury goods and service and hence the company has luxury to mean.            Those strong market brands with high innovativeness ability to chart price and supply easily forecasted growth and top class. It can also mean products and service of those companies with management, with track records.            The assets in chic fund are in the following sectors with the following geographical distribution Sector distribution                          geographical distribution Beverages and food- 17.38%            Europe-45.95% Accessories- 9.35%                          asia-13.55% Apparel- 7%                                      USA -40.53% Watch, jewellery and optics- 8.04% Transport- 1% Leisure and hotels- 5.56% Sports 9.27% Retail- 3.52% Tech-18.76% Cosmetic-9.33% (http://www.dominion-funds.com/english/chic/investorsentassets.aspx) x- funds were created to utilize the returns generated by the available market based securities over the cost of sourcing funds e.g. through bank loans. The x fund have been designed to minimize the risk assonated with return of based securities and specifically for the risk and professional investors keen on getting a risk hedged investment well above average in the log term. Fund structure The fund is managed by dominion PCC limited which is a protected call company, formed in Guernsey and regulated by Guernsey financial service. Commission. It is an open ended in investment fund.            The fund is a 2 currency (euroâ‚ ¬ and US $) each containing 6 fund. The fund has 3 leveraged options. (Low to medium risk x 0) (medium risk x1) (and aggressive higher risk x 2) with 2 types of assets prudential and Norwich union with- profits funds. It also is priced weekly with monthly redemptions.            X-funds innovative investments combines with profit funds with complex credit lending thus minimizing debt usage risks in the market and at the some time the market and at the same time maximizing returns over the long term. Nature of assets Dominion x-funds are invested in the best and extensive with –profits funds. The reason why dominion has invested in there funds is that of proven unsurpassed. Past performance and their consistency which makes them reliable. In any case anyway there with profits are provided by the blue chip financial institutions in Europe.            The with profits fund that dominion x- fund invests in has the following characteristics which makes them depend able for maximum returns to the investors. with profit funds are accessed only through an insurane e policy.            One of the lalyout out features of an with profit fund is that its well founded with a long investment account that even go beyond a century. They usually involve a relatively stable portfolio that includes stocks bonds property and cash. This means that with profit funds give a level of return that barely flutualesover time. It stable level of return means that the risk involved with this port folio is low.            The other reason why dominion x-fund invests in the with profit funds only over the medium to long term is because when invested only in the short periods they are usually affected by the risk of market value reduction.            They should only be invested in the medium to long-term in order to achieve maximum capacity gains and ensure stable returns.            The assets that the dominion x- fund invests in are the generic with profits, prudential international and Norwich union international funds PCC Protected cell company – open end company- that falls under the Guernsey’s companies law ( 1994) amended and protected cell companies ordinance 1997 amended. PCC as benefits which are; Funds assets fuly utilized by fund investors alone.
Wednesday, January 22, 2020
Justice After War :: essays research papers fc
Justice after War History – Wars – Writing Task Wartime is definitely a time of much violence and many things happen during this time, but what about after war†¦ â€Å"The just war tradition is typically evoked when discussing the decision to launch a war (justice of war) and when evaluating the conduct of forces during war (justice in war). But the tradition does not explicitly specify principles for assessing justice after war, nor does it discuss state obligations upon achieving military victory.†This excerpt was taken from an article by Tony Lang and Mary-Lea Cox. Once victory is earned by one side it must take responsibility to pave the road to peace in that country by building a new political system. This is summarized in Thomas L. Freidman’s view when he says â€Å"you break it, you own it†. But maintaining peace in war-trodden country is not easy. There is jealousy from that country, the urge to take revenge; while this is happening the victors have to discuss how to maintain justice. Maintaining the balance between these two is a tedious task. In many conflicts through history the aftermath has been more of a problem to the defeated than the war itself, becoming financially crippled, becoming underdogs of the world, being restricted. These are all problems faced by the dark horse of the battle, after a battle keeping a stability of even-handedness and retribution is a daunting task. Many trials through time have been subject to comments by critics that have made points that justice had no role in the final judgement. In the Nuremberg Trials, of the 21 defendants that were held in custody 11 were sentenced to death (over 50%), three were acquitted and the rest were subject to heavy jail terms. The Nazi atrocities that they were put on trial for were for good reason, though they had been wishing to give them all a fair trial it is obvious that excessive urges to take revenge caused an imbalance in the balance between revenge and justice. Those to be prosecuted were done so because of the brutal â€Å"war crimes†, â€Å"crimes against peace†and â€Å"crimes against humanity†they had committed. The prosecutors were dominated by a large percentage of Jews, who at this time, excusably, had a fervent hatred for the Nazis, since the Nazis had also had a fervent hatred for them. But this just shows how hard it would have been for these prosecutors to not have had revenge govern their thoughts throughout the trial.
Tuesday, January 14, 2020
Analysis: Narrative and Story Essay
The stylistic analysis of Richard Gordon’s story â€Å"Doctor in the house†by Arailym Zharmukhamed from IN-11-2 â€Å"Doctor in the house†was written by Richard Gordon, a famous English writer. He was born in 1921. He had been a surgeon and anaesthetist, he wrote numerous novels, screenplays for film and television and accounts of popular history, mostly dealing with the practice of medicine. He was most famous for a long series of comic novels on a medical theme starting with â€Å"Doctor in the House†, and the subsequent film, television, radio and stage adaptations. Everything that author described in the story â€Å"Doctor in the house†was true to life, that is why it made this story so popular among people. The subject of the story is sitting for examinations. Well, now I’m going to analyze the story. The story is short. And narrative mode of the text are both narration and description. The author describes us what examination means for students and narrates about exam itself and his own experience when he was a student. The plot structure of the story is interesting one. The exposition of the text starts with the explanation what examination means for a medical student and what examination means in whole. After the explanation we come to the inciting moment when the narrator takes his exam. I slowly pass to the climax of the story when Richard is waiting for the results. And I come to the resolution when he has learnt that passed the examinations. Having analyzed the plot structure, I would like to give the summary of the extract. The story takes place during the examination for medical students. As the narrator mentions it’s something like a death. The exam is consists of two parts, they are written papers and oral examination. 3 hours are allowed for the paper. Students swott up the spot questions, because there is rarely any frank cheating in medical examinations. When the narrator is finished with the written papers, he meets Grimsdyke who knows that there’s a special system of marking the tripos and the narrator shouldn’t worry about it. As for the viva, it was a judgement day, because a false answer and the student is finished. There were 5 other students with the narrator who were passing the viva. When it was his turn to pass it he easily copes with the first question, but stumbles through the second, that is why the days after the viva are black ones. At last the day when students could learn their results comes. It’s the Secretary who simply should say â€Å"pass†or â€Å"failed†. The narrator worries so much that even doesn’t hear the Secretary who named his number. So it turned out that the narrator passed his exam. His feelings are mixed. Now, I’m gradually passing to the main characters of the story. Here is only one main character – the narrator. The method of character drawing is indirect. He is round, dynamic, protagonist character. The narrator is a medical student. During the whole story we can see him passing through examinations. The day of the examination was the worst thing on the earth, something like death for all students. If you want to pass it you should be ready. So, I think he is well-read in medicine, hard-working person, because there is rarely any frank cheating in medical examinations, so a student should know the material and help himself. He managed with this. I also can say that he is very observant. The narrator notices different kind of emotions on people’s faces. For example he talks about porters who look dispassionately down at students, he sees an awkward expression of self-consciousness and superiority in students faces, he notices that the woman’s suit was neat but not smart, that her hair tidy but not striking, that she wore enough make-up to look attractive. The narrator is an interesting character, he likes to compare people with somebody. For examples, he compares porters with policemen, examination is something like death as he mentions, the Old Stager with a photographer at a wedding. He can easily find the right word to describe the person. So, I can say that he is smart. We also know he passed his exam, it means his knowledge of medicine are good enough and maybe one day he’ll become a doctor. On the whole, I can say that he creates an image of an ordinary student. I slowly come to the author’s style of the text. If to look at the text, we may notice that it is written in the first person narration: â€Å"I walked down the stairs feeling as if I had just finished an eight-round fight†¦Ã¢â‚¬ ,†I was shown to a tiny waiting-room†¦Ã¢â‚¬ or â€Å"I stood before table four. I didn’t recognize the examiners.†And so on. Speaking about vocabulary of the story, it is important to say that the language is expressive, emotional. Richard Gordon uses lots of thematic words such as â€Å"student, cheating, the examiners, to pass, tripos the viva, written papers†, etc. The author uses stylistic devices and expressive means to achieve desired effect in describing characters and examination itself. Well, on the whole the text is emotionally moving. Now I want to provide some examples of Stylistic devices. Richard Gordon uses simile, metaphor, hyperbole, allusion, metonymy. By the simile â€Å"examinations are something like death†, the author shows what the students feel before it, their condition; â€Å"like a prize-fighter†, here Richard Gordon wants to show the atmosphere of contest between the student himself and the examiner; by using metaphor â€Å"well-trodden paths†the author shows the attitude to the medical textbooks; â€Å"frustrated brilliance†about a gone hope of a student; by using a hypebole â€Å"an examination is nothing more than an investigation of a manà ¢â‚¬â„¢s knowledge†, the author shows what the examination is. Or â€Å"But the viva is judgement day. A false answer, and the god’s brow threatens like imminent thunderstorm†to show the importance of examination for students; the author excellently uses the allusion referring to the Bible’s Judgment day. We discover that final exams are death and the Secretary as an archangel corresponds where they would go to the paradise or to hell. So, we can see that the text is rich in stylistic devices, it makes it vivid. It’s important to mention that the syntax of the story also helps to make the story vivid. Each sentence is complete. The structure of the sentences is characterized by a strict adherence to logic, the author uses parallels constructions which help to reflect the tense during anticipation of the narrator’s result: â€Å"The world stood still. The traffic stopped, the plants ceased growing, men were paralysed, the clouds hung in the air, the winds dropped, the tides disappeared, the sun halted in the s ky.†Having analyzed stylistic devises we can describe the atmosphere and tone of the story. In the beginning the atmosphere is strained, in the middle of the test when students start examination it becomes nervous, but in the end it’s relaxed because the narrator has known that he passed the exam. The tone is serious because the narrator describes the examination and shows the importance of it for students. Having realized the story we can easily find the theme and the main idea of it. The theme of the story is worries about examination. The main idea is that examination is a real challenge for students and a real testing of being ready for different difficulties. And now, I’m trying to conclude my thoughts. In our world, there are full of difficulties and various problems. I’m sure no one can say that he is free from spoiling his nerves and health in order to overcome some important destiny barriers. As a matter of fact, who can agree that life is more interesting, when it flows as a calm river of constantly and monotonously changing events? A person becomes experienced and strong only having felt the whole disgrace of the world he has a chance to live in. And what an amazing quality our memory has; it specially chooses the worst recollections and with the sense cruelty reminds us our past mistakes and annoyances, making us feel that awful feelings again and again. The fact that nothing can be as memorable as our misfortunes was remarkably proved by Richard Gordon. Having a great medical practice, the author reveals his own recollections of the old days, when he was just a student, stumbling through the most scaring trial in his life – the finals. He colourfully describes all the sides of his extremely important event. Cheating is practically impossible, all the knowledge is an inseparable mass in the heads of young and full of hopes students. Oral and writing examinations become some kind of a â€Å"judgment day†. And not everyone becomes that lucky, who will take the diploma from the professor’s hands. With an irony the author gives us the description of students’ feelings and behaviour. Some of them have â€Å"superiosity in their faces†, others were trying to complete the last brilliant sentence, â€Å"dissatisfied with the period allowed for them to express themselves†. After years such event seems to be extremely funny. The author showed us the atmosphere people sometimes have to be in. Recollecting my own experience I can say that in many cases my feelings were the same. Everything, which happens to us sooner or later turns into the simple recollection. Of course it puts a trace in our mind, and not always pleasant one. Author gives us a way to understanding of such things. It is humour, the best â€Å"cure of the injures†the life gives us. Remembering this rule a person is able to overcome many life trials, becoming stronger and wiser. In this case even the best professor can’t be compared with the teacher we all have – our past. For me, every time the examinations require from me much effort and nerves for preparation and passing them. So, heaving read this story, I found that Richard Gordon is a master of witty descriptions of serious and important events in people’s life. Not many authors are able to achieve this effect in his or her works, but Richard Gordon made this perfectly.
Monday, January 6, 2020
Biases From the Enlightenment Period - 1965 Words
Biases From the Enlightenment Period Abstract All three dominant subjects: mind, men, and standard literature, not only share dominance, but also relate to the fact that their roles are clearly shown in the schools of our society. Schools exercise the brain, boys are pushed harder and expected to do better in school, while canonic literature haunts students throughout their English classes. The body, women, and horrific literature take a back seat to their counterparts, but still fight to have their voices heard. All of the roles and ranks come from biases; maybe the biases come from insecurities of men who fear the loss of control. They definitely come from the biases routed in the Enlightenment period,†¦show more content†¦The increasing ability to reason, to abstract, and o inspect the nature of the real world around us is one of the key features of the Western thought and civilization, and the cornerstone of science, which is in turn the cornerstone of technology. If humankind loses the ability to ho ld rational beliefs, society will degenerate into a mass of reactionary, primitive bipeds. These quotes only echo the beliefs held by our society in the supremacy of reason and the mind over emotion and the body. Our schools primary function is to train the brain, while ignoring the training of our bodies and our emotions. Each student may take one physical education class for the body and maybe one creative class for the emotions, but this does not compare to the other four or five classes he takes a day to further his brain. The trends of our society clearly show that our society strives for dominance of the mind over the body. Another dominant trend of modern American society is that of the man over the woman. Men represent the mind and are thought to be more logical, while women represent the body and are thought of as being unable to control their emotions. Visual media follows this symbol of the body by showing only parts of womens bodies in ads and movies, thusShow MoreRelatedThe Impacts of the Transformative Period on the Younger Members of the Jewish Population813 Words  | 3 Pagesprocesses were complete. The topic of this essay will be the impact of the transitional and transformative period on the younger members of the Jewish population. In other words, the focus will be on how the cultural upheavals and community modifications led to the creation of an entirely new Jewish identity, one that can be characterized by the desire to modernize and move away from the practices causing the deep chasm in society. It is critical to point out that despite the completion of legislationRead MorePerception as a Defining Factor in Our Lives772 Words  | 4 Pagesfilled with it religious, political, sexual, and gender bias just to name a few. It is because of these biases that peoples perception is narrowed and what is deemed as â€Å"civilized†or the â€Å"right†thing to do may not always be one hundred percent true. In the book Walden by Henry David Thoreau we see a man who has looked past social norms and blazed his own path towards individual enlightenment. This is again illustrated in Lars Eighner’s essay, On Dumpster Diving. Here we see an individual that practicesRead MoreAn Example Of The Jewish Experience Of Modernity1090 Words  | 5 Pagesof familiar ties and an identity. The modern period in Europe began around the 16th century. This was around the time when Catherine the Great took power in Russia, marking the beginning of modernity by allowing some degree of tolerance rather than the anger and despair that had come before. Through her actions, Jews were able to live their lives without being the scapegoat to society’s problems and shortcomings. The 16th century this period of time allowed people like Catherine the GreatRead MoreNorth Asi A Relationship With The Western Countries1487 Words  | 6 Pagesreasons that they believed this was because Japan and China believed that they had already been through an enlightenment period that brought them knowledge. They believed that until other countries when through an enlightenment of their own, they were barbarians and needed to be taken care of by an already enlightened country such as China or Japan. The citizens of China during this period questioned if isolation was a valuable choice. They saw that everything they exported to other countries benefitedRead MoreRacial Inequalities Response Paper : Racism1049 Words  | 5 Pagesis a type of racism that we all have experienced, which has stemmed from the beginning of time- called unconscious racism. Race is a social construct, yet we have not consciously overridden the biases developed throughout history. Unconscious racism is easy to ignore, and you can barely comprehend that you’re doing it, unless you are the victim. Throughout history, each and every one of us has said remarks which have our own biases in secret, hidden undertones, and yet unless you are the receiver ofRead MoreHypocrisy In Voltaires Candide1300 Words  | 6 Pagessome inherent damage done by his contemporary philosophy. For example, Pangloss, an adherent to his own brand of philosophy called â€Å"metaphysico-theologo-cosmolo-nigology which advo cates the belief that, as expressed in one of the important quotes from â€Å"Candide†by Voltaire, â€Å"This world is the best of all possible worlds actually causes damage to others. While the good Jacques is drowning (as a result of his own philosophical beliefs in altruistic behavior, no less) Pangloss attributes the eventRead MoreThe Tea Of Tea Masters3029 Words  | 13 Pageschanoyu, has long been a tradition in the Japanese culture. It is defined as a ritualized, secular practice in which tea is consumed in a specialized space with a codified procedure. It is an elaborate ceremony that has been performed since the Edo Period in the seventeenth century. It is related to both the Samurai culture and Zen Buddhism. Tea schools exist to teach the ways of the tea ceremony and there are tea masters who perform this ritual. The Japanese Tea Ceremony demonstrates culture throughRead More##de Or Optimism : A Novel Savant Voltaires Candide1238 Words  | 5 PagesNumerous Ideologies Who is the savant Voltaire and what philosophies did he criticize in his novel Candide or Optimism? Franà §ois-Marie Arouet otherwise called Voltaire is a French philosopher who composed many articles, books and ballads amid the enlightenment period. A lot of his works were censored by the French because of the way that he besmirched everything and anything that had to do with religious corruption and the justice system.To battle the restrictions placed on him at the time, Voltaire hadRead MoreJames C. Modern Christian Thought Volume 1 : The Enlightenment And The Nineteenth Century1808 Words  | 8 PagesLivingston, James C. Modern Christian Thought Volume 1: The Enlightenment and the Nineteenth Century. 2nd Ed. Minneapolis: Fortress Press, 1997. ISBN-13: 978-0-8006-3795-8. 448. pp. (Kindle Edition: 10285 locations). By: TidSureyah Tach, ID# 339560 October 21st, 2014 Bibliographic data: James C. Livingston (died July 31st, 2011 at age 81) was a faculty member in Religious Studies and administration at the College of William and Mary from 1968 to 1998. Professor Livingston was the founding chair ofRead MoreThe Classical School Of Criminology1174 Words  | 5 PagesDuring the Enlightenment period, Cesare Beccaria developed the Classical School of Criminology with help from philosopher Jeremy Bentham. With the similar philosophies of Beccaria and Bentham, the classical theory of criminology was then developed, creating a strict and proportional criminal justice system. Deriving from the Rational Choice Theory, the classical theory of criminology states that rational behavior can be controlled in order to deter criminal activity. This idea comes from the thought
Subscribe to:
Posts (Atom)