PART 1 Selection of an asset class Task 1 Select an asset class and provide a general description of the assets included. This should include a description of what the asset class is (what is...

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SOLUTION
TABLE OF CONTENTS PAGE NO

I. Selection of an asset class



II. Develop policy and objectives


III. Levels of service


IV. Service standards



V. Operational service standards



VI. conclusion



VII. references






2-4



4-7


8-10


10-11



11-14



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PART 1 Selection of an asset class
An asset class is a group of securities that exhibits similar characteristics, behaves
similarly in the marketplace and is subject to the same laws and regulations. We
can often
eak these instruments into those having to do with real assets and
those having to do with financial assets. Often, assets within the same asset class
are subject to the same laws and regulations; however, this is not always true. For
instance, futures on an asset are often considered part of the same asset class as
the underlying instrument but are subject to different regulations than the
underlying instrument….Many investment funds are composed of the two main
asset classes which are securities: equities (stocks) and fixed income (bonds).
However, some also hold cash and foreign cu
encies. Funds may also hold money
market instruments and they may even refer to these as cash equivalents;
however, that ignores the possibility of default. Money market instruments, being
short-term fixed income investments, should therefore be grouped with fixed
income..
CLASSES OF ASSETS
1. equities
2. bond or fixed income
3. money market instruments..
TYPES OF ASSETS
Cu
ent Asset Fixed Asset

Tangible
Asset
Cash Land Land
Bank Balance Road Road
Investments Building Building
Inventory Furniture Furniture




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SPECIFICATION OF AN ASSET

IN classroom we have to choose different objects like drainage building roads
footpath….but my consideration will be the environment of the classroom means
the park means the open environment... we discuss about this specified matter

NECESSITY AND IMPORTANCE OF THIS ASSET

if there will be naturalized classroom means the park it would be better for the
students.. students get so much than the boring exhausting theory of books.. the
importance are given below..

HEALTHIER LIFE STYLE
Children who spend more time outdoors and who have more exposure to green
environments at home tend to be more physically active…for this reason it should
decrease the stress level and increase mind consideration..so the students are
more active in educational parks than classrooms..

GREATER ACHIEVEMENT
it would be greater achievement for the students if the class is taken in park so it
is not means only playing it also must be educational park…they learn the things
very clearly…there is no magic equation for success…and shortcut also..but it
should be very easier to identify himself and under stand the whole things very
clearly..

IMPROVED SOCIAL SKILLS
when the student is under 10+2 then he has no knowledge about the
soiciology..more over he does not no know the term also…researchers highlight
greater self-esteem, cooperation, conflict resolution, leadership, relationship with
peers, problem solving, motivation to learn, and behavior in class by students
involved in outdoor education.






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INVENTORY ASSETS

The concept of inventory, stock or work-in-process has been extended from
manufacturing systems to service businesses and projects, by generalizing the
definition to be "all work within the process of production- all work that is or has
occu
ed prior to the completion of production." In the context of a
manufacturing production system, inventory refers to all work that has occu
ed -
aw materials, partially finished products, finished products prior to sale and
departure from the manufacturing system. In the context of services, inventory
efers to all work done prior to sale, including partially process information.

BENEFITS OF ASSETS

Every business or company invests in assets to improve the execution of its
operations. Total assets turnover is a ratio that relates the amount of sales
generated for every unit of asset. The ratio can be useful in measuring how
efficient a firm, as well as helping better leverage assets to create revenue via
sales. A low asset turnover ratio implies inefficient use of a company's assets
while high asset turnover means the company is more effective at using its assets.
Unlike fixed asset turnover, inventory or receivable turnover, total assets
turnover enables a firm to evaluate its effectiveness in utilization of all the firm's
assets in its efforts to generate revenue. It highlights how successful management
is in deploying both short-term and long-term assets. It therefore advantageous
since the firm relates its revenues to all assets. This assumes every asset ass
contributing to generating turnover…. Total asset turnover gives a general
efficiency ratio. It is therefore not possible to extract data on individual assets
from within the ratio. This also makes it impossible to make inter-asset utilization
comparison. This minimal scope of information regarding individual assets also
limits the possibility of identifying and secluding highly effective and ineffective
assets…..

PART 2 Develop policy and objectives

It is a document drafted between a portfolio manager and a client that outlines
general rules for the manager. This statement provides the general investment
goals and objectives of a client and describes the strategies that the manager
should employ to meet these objectives. Specific information on matters such as
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asset allocation, risk tolerance and liquidity requirements are included .. The IPS
should include monitoring and control procedures to be followed by everyone
involved in the investment process. This includes establishing the frequency of
monitoring, specifying benchmarks for comparison of portfolio returns and
concrete procedures for making any future changes to the IPS. Serious investors
think through the possible reasons for changing their IPS, such as financial or
lifestyle changes. More important, they specify the reasons not to change their
IPS (i.e., short-term market performance).
Developing a solid investment policy statement is not a typical exercise for most
investors. It requires a lot of thought. It also requires an understanding of how the
market works as well as familiarity with investment principles and practices…
TASK 3
A portfolio strategy that involves setting target allocations for various asset
classes, and periodically re balancing the portfolio back to the original allocations
when they deviate significantly from the initial settings due to differing returns
from various assets. In strategic asset allocation, the target allocations depend on
a number of factors – such as the investor’s risk tolerance, time horizon and
investment objectives – and may change over time as these parameters change.
Strategic asset allocation is compatible with a “buy and hold” strategy, as
opposed to tactical asset allocation which is more suited to an active trading
approach. Strategic and tactical asset allocation are based on modern portfolio
theory\, which emphasizes diversification in order to reduce risk and improve
portfolio returns...
Aggressive Investment Strategy
A portfolio management strategy that attempts to maximize returns by taking a
elatively higher degree of risk. An aggressive investment...