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Finance: What is an Approved List? 10162 Views


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Description:

What is an Approved List? Investors give approved lists to their fund managers (brokers). These lists tell the broker what investments they can make according to the investor’s financial goals.

Language:
English Language

Transcript

00:00

Finance what is an approved list Well if you're on

00:07

the approved list at the world famous club the magician's

00:11

mansion you can probably sleep into the v i p

00:15

lounge that's the lounge for vanishing invisible people without having

00:20

to wait in line If your publicly traded company is

00:23

on an approved list at a money manager's office well

00:27

your shares could end up in their investment portfolio Active

00:32

money managers have and approved list written out or at

00:36

least in mind to purposely choose and limit the securities

00:40

they can put in their funds Why would they actively

00:45

restrict stock choice Well marketing some investors for example on

00:50

ly want green like a money manager might have a

00:54

fund that's advertised as an ethical fund That might mean

00:58

well you know sin stocks get put on the list

01:01

No tobacco no adult entertainment stocks And even though google

01:05

kind is one facebook and no heart stopping fast food

01:09

stocks you know ethical you get the idea of a

01:13

stock isn't approved Then it will have better luck getting

01:17

into the magician's mansion than into a fund that restricts

01:20

it Oh and yeah this is the v i p 00:01:23.404 --> [endTime] lounge During the busy hour sorry

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