Apex Group Fund Accounting Analyst Interview Questions and Answers

Derivatives are financial contracts that derive their value from an underlying asset or security.

• Derivatives can be used for hedging or speculation

• Examples include futures, options, swaps, and forwards

• Derivatives can be complex and carry high risk

• They are widely used in financial markets

Different fees applied to mutual funds include expense ratio, front-end load, back-end load, and redemption fee.

• Expense ratio is an annual fee charged by the fund to cover operating expenses.

• Front-end load is a fee charged when purchasing the fund.

• Back-end load is a fee charged when selling the fund.

• Redemption fee is a fee charged when selling the fund within a certain time period.

• Other fees may include account mainten