Most funds follow a particular strategey when investing. For instance, some invest only in Blue Chip companies that are more established and are relatively low risk. On the other hand, some focus on high-risk start up companies that have the potential for double and triple digit growth. Finding a mutual fund that fits your investment criteria and style is important. Types of … [Read more...]
Archives for 30/10/2009
What are Mutual Funds?
A mutual fund is a type of collective investment scheme that pools money from many investors and invests it into the stocks, bonds, short-term money market instruments, and/or other securities. The mutual fund will have a fund manager that trades the pooled money on a regular basis. The net proceeds or losses are then typically distributed to the investors annually. Mutual … [Read more...]