Ranna A floater is a bond that has a variable interest rate. The interest rate is tied to an underlying benchmark rate, such as the prime rate or LIBOR. The interest payments on a floater increase when the benchmark rate increases, and decrease when the benchmark rate decreases. An inverse floater is a bond with a … Read more
A hybrid fund is a type of investment fund that invests in both stocks and bonds. Hybrid funds can offer investors a diversified portfolio with less risk than investing in stocks or bonds alone. Hybrid funds typically have a mix of 60% stocks and 40% bonds. This mix can provide investors with potential for growth … Read more
A conservatorship is a legal proceeding in which the court appoints a person to manage the financial affairs of another person who is unable to do so. The conservator is typically a family member, friend, or professional fiduciary. The conservatorship proceeding is initiated by the filing of a petition with the court. The court will … Read more
