SkyPoint Cloud Interview Questions and Answers

Investing in mutual funds provides diversification, professional management, and potential for higher returns.

• Diversification: Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

• Professional Management: Fund managers make investment decisions on behalf of investors based on their expertise and research.

• Potential for Higher Returns: Mutual funds have the potential to generate higher returns compared to ind...read more

Current expenses ratio is a financial metric used to evaluate the proportion of a company's expenses relative to its revenue.

• Current expenses ratio is calculated by dividing total expenses by total revenue.

• It helps in assessing the efficiency of a company in managing its expenses.

• A lower current expenses ratio indicates better cost management.

• For example, if a company has total expenses of $100,000 and total revenue of $200,000, the current expenses ratio would be 0.5.

Gold rates fluctuate daily based on market demand and supply.

• Gold rates are determined by various factors such as global economic conditions, geopolitical events, and inflation.

• Gold prices are quoted in troy ounces and can vary between different regions and markets.

• Investors often track gold prices as a safe-haven asset during times of economic uncertainty.

• Gold rates can be checked on financial news websites, market data platforms, and through local jewellers.

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

• Mutual funds are managed by professional fund managers

• Investors pool their money to invest in a diversified portfolio of securities

• Investors own shares of the mutual fund, not the underlying securities

• Mutual funds can invest in stocks, bonds, or a combination of both

• Mutual funds offer diversification and professional management to investors

Exit load is a fee charged by mutual funds when investors redeem their investment before a specified period.

• Exit load is a fee charged to investors for redeeming their mutual fund investment before a specified period.

• The purpose of exit load is to discourage investors from withdrawing their funds too soon.

• Exit load percentages and periods vary depending on the mutual fund scheme.

• For example, a mutual fund may have an exit load of 1% if the investment is redeemed within one ye...read more