Kenny Li

Kenny.li5@baruchmail.cuny.edu

347-397-0691

FIN4710 CMWA

Professor Jack Francis

1
 Vanguard 500 Index Investor Fund (VFINX)

VFINX corporate headquarter location: Valley Forge, PA 19482.

VFINX listed on: Listed on NASDAQ and tracked through the benchmark of the

S&P 500.

Total Assets under management: Vanguard being the largest mutual fund has

about $5.1 trillion in global assets under management as of 01/31/2018.

How many mutual funds Vanguard manages: Vanguard manages about 180 U.S.

funds and about 208 additional funds in the market internationally, totaling 388

funds, globally.

Goals: Stated in their annual report, Vanguard’s goal is to give the best chance to

investment success. Vanguard puts every effort into their research and

experience to put the investor on the right path. They will develop a suitable asset

allocation by using broadly diversified funds. Like all companies, they want to

minimize cost and maintain perspective and long-term discipline through what

can be controlled.

Annual Turnover Rate: The annual turnover rate is 3.1% Fiscal year ending

12/2017

Portfolio manager’s job education: Donald M. Butler (C.F.A.) graduated with a

B.S.B.A. from Shippensburg University. Michelle Louie (C.F.A.) graduated with a

2
B.S. from The American University and M.B.A. from Georgia Institute of

Technology.

Fund’s management fee: According to their 04/25/2018 Prospectus, 0.12%

Load fee: According to their 04/25/2018 Prospectus, NONE.

Exit fee: According to their 04/25/2018 Prospectus, NONE.

12b-1 fee: According to their 04/25/2018 Prospectus, NONE.

Historical Performance: The index reached its first highest in year 2000 priced at

around $138 then declined shortly after the 2001 recession. Bounced back up to

around $140 before the 2008 recession hit then dipped sharply to around $70 and

now it is at its highest ever at $269.31, today.

Managed in the portfolio: For mutual funds, it should be managed passively.

Eventually, the market will go up and up as it correlates with the S&P 500 index.

Vanguard will invest its assets in the stocks that make up most of the top S&P 500

index holding each stock proportionally weighed for risk allocation and maximum

gain.

3
 Nintendo (NTDOY)

NTDOY corporate headquarter location: Kyoto, Japan 601-8116.

NTDOY listed on: Listed in USA on Other OTC and listed in Japan on Tokyo Stock

Exchange (TSE/TYO).

NTDOY’s largest short-term gain during 2016-2018: The largest short-term stock

price gain of NTDOY was from 07/07/2016 – 07/18/2016 when the stock went

from $17.71 – $35.70. A gain of $18 in 11 days with a percent change of 110.18%.

History and forecast for NTDOY: NTDOY stock prices was steady around $20 a

share before the 2001 recession dipping it to its lowest price ever at around $9.

From 2005 – 2007, the price went from $15 to its highest price ever at around $78

mid-2007. The 2008 recession caused the stock to drop sharply all the way down

to $32. It rebounded slightly after the recession but then dropped even more to

where the stock price was steady around $13 for 3 years. Since 2015, it has slowly

rallying back up until 03/2018 when it went from $57.30 to where it is now,

$42.60.

Performance over the last decade for NTDOY: The performance of NTDOY for the

last decade hasn’t been great ever since the recession of 2008 hit. It has declined,

made a rebound upward then declined further to where the price is at now,

$42.60. The dividend payout has also lessened since the 2008 recession. It paid

4
$1.6 to now where it pays $0.5 per share which isn’t a lot. According to

Marketwatch analyst, it is recommended a ‘strong buy’ since the price has dipped

currently and is expected to rise in the future to an average target price of $60.

Managed in the portfolio: Stocks that typically have a long history of stable

dividend payout should be managed passively but NTDOY isn’t one of those

stocks. NTDOY should be managed actively keeping a close eye on management

decisions and the prices because prices can drop any second because of the

historical fluctuating prices.