Investor Presentaiton
Investment Knowledge Index | Summary: Just over half (53%) of
Manitobans fall into the 'low' investment knowledge group
Financial Literacy Around the World:
These seven questions make up the Investment Knowledge Index and allow us to group Canadians by level of knowledge when it comes to investing.
National
Percentage choosing correct answer
23
Simple Compound Interest
Real Compound Interest
Diversification
Stock and Mutual Fund Risk
Mutual Fund Returns
Warning Signs of Fraud
Interest Rate Effects on Bond Prices
Manitoba
Percentage choosing correct answer
79%
Simple Compound Interest
62%
55%
52%
Real Compound Interest
Diversification
Stock and Mutual Fund Risk
44%
38%
26%
81%
60%
49%
47%
Mutual Fund Returns
Warning Signs of Fraud
Interest Rate Effects on Bond Prices
43%
33%
21%
Low knowledge
48% got 3 or less correct
Medium
knowledge
32% got 4 or 5
correct
High knowledge
Low knowledge
53% got 3 or less correct
Medium
knowledge
30% got 4 or 5
20% got 6 or 7
correct
correct
High knowledge
17% got 6 or 7
correct
14%
14%
15% 17%
14%
15%
16%
11%
15%
14%
17%
8%
12%
7%
7%
5%
None
Correct
1
2
3
4
5
6 All Correct
None
Correct
1
2
3
5
6
All CorrectView entire presentation