Week 4: February 27, 2021
What we covered:
- Analyzing Graphs
- Risk vs Return
What's Next:
The students were great, they were engaged and absorbing the content well. The next step for them would be Camp Millionaire Level 3.
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Week 3: February 20, 2021
What we covered:
- Sector Funds
- Fund Size and the myth that a bigger fund is always better
- The different tools on Morningstar
- Fund Metrics
What they need to do:
- Spend some time on Morningstar.ca (Click on Funds then Fund Selector) to find a Mutual fund they would like to Invest in.
- Copy/Paste the name of that mutual fund (don't add the series part) and get the mutual fund ticker from Yahoo Finance (Morningstar does not give it to you).
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Week 2: February 13, 2021
What we covered:
- MER and NAV
- Breakdown of the Fees MER covers
- Sales Loads
- Active and Passive Management
- Investing in different Geographical Zones
What they need to do:
- Spend some time on Morningstar.ca (Click on Funds then Fund Selector) to find a Mutual fund they would like to Invest in.
- Copy/Paste the name of that mutual fund (don't add the series part) and get the mutual fund ticker from Yahoo Finance (Morningstar does not give it to you).
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Week 1: February 6, 2021
What we covered:
- Fundamentals of mutual funds
- How they are created
- How they work
- Charges involved with it
- Basic Search criteria on Morningstar
What they need to do:
- Spend some time on Morningstar.ca (Click on Funds then Fund Selector) to find a Mutual fund they would like to Invest in.
- Copy/Paste the name of that mutual fund (don't add the series part) and get the mutual fund ticker from Yahoo Finance (Morningstar does not give it to you).
For those who are in the competition, I wish you lots of luck!!
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Welcome
Hi Everyone!
Welcome to Camp Millionaire!
My name is Nitish. I am a Finance Teacher for Explorer Hop and will also be your child's financial coach the next month. I am so excited to be working with your kids. The purpose of Camp Millionaire Level 2 is to continue our investing journey, diving into more complex metrics to evaluate when stock investing. Specifically, in Level 2 we will be learning about Mutual Funds & ETFs.
All participants will play an Investment Challenge with a virtual portfolio of $10,000 and will apply what they learn right away. We find this is the most effective way for them to absorb financial information.
All updates to the program will be provided here, so please do check at the end of the day.
Need from Parents: Please can you complete the Student Information Form before the class. Here is the link: https://explorerhop.com/pages/information
Zoom Links for the Program:
Here is the information you need to connect to the program on Saturday. The line will open 10 minutes before the class starts.
Class 1: 12:00 - 2:00 PM EST (10:00 AM - 12:00 PM MST - Calgary Time)
Zoom Link: https://us02web.zoom.us/j/82494890856