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Iqtisodiyot nazariyasi. Siyosiy iqtisod. Makro iqtisodiyot. Mikro iqtisodiyot, -
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2015 Investment Company Fast Book
Brian Reid,This year marks the 75th anniversary of the Investment Company Act and the Investment Advisers Act-the key statutes under which mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts are regulated and governed. In the same year that Congress enacted these laws, 1940, the fund industry formed the National Committee of Investment Companies, the trade group that became the Investment Company Institute (ICI). Shortly after its formation, ICI began to collect mutual fund asset and flow data, launching a statistical and research program that remains one of the Institute’s core activities and central strengths. This data collection program has expanded greatly over time, with ICI currently managing 18 different fund surveys. Our historical data, some extending back nearly three-quarters of a century, provide perspective about funds and their investors across changing market cycles and an evolving investor base. One of the first projects I worked on when I joined ICI in 1996—a study showing how bond fund investors react during bond market downturns-introduced me to this historical record. At the time, there was an ongoing debate about how fund investors would react to market declines, because fund assets had risen from about $1 billion in 1940 to $3.5 trillion in 1996. Commentators and researchers were concerned that fund investors would leave the markets en masse during a downturn, destabilizing a financial system in which funds were playing a larger role.
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The world book 10
Bonnie J.Brunkhorst,I is the nineth letter of oue alphabet.This letter also appeared in the alphabet used by the Semites,who lived in Syria and Palestine.
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The world book 9
Bonnie J.Brunkhorst,H is the eighth letter of our alphabet.It was also a letter in the alphabet used y the Semites,who once lived in Syria and Palestine.
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The world book 8
Bonnie J.Brunkhorst,G is the seventh letter of our alphabet.Historians believe that it came from the Egyptian hierogylphic for a boomerang-shaped throwing stick.
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The world book 7
Bonnie J.Brunkhorst,F is the sixth letter of the alphabet.Historians believe that the letter came from a symbol used by the Semites,who once lived in Syria and Palestine.
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The world book 6
Bonnie J.Brunkhorst,E is the fifth letter in the alphabet.It was also the fifth letter in the alphabet used by the Semites, who once lived in Syria and Palestine.
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The world book 5
Bonnie J.Brunkhorst,D is the fourth letter of alphabet.It was also the fourth letter in the alphabet usd by the Semites,who once lived in Syria and Palestine.
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The world book 3
Bonnie J.Brunkhorst,C is the third letter of the aplhabet.It was also the third letter in the alphabet used by the Semites,who once lived in Syria and Palestine.
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The world book 2
Bonnie J.Brunkhorst,B is the secondletter of our alphabet.It was also second letter in the alphabet used by the Semites, who once lived in Syria and Palestine.