INVESTING: Mutual Funds checklist




Mutual funds are a type of investment which many people choose. Below is some information about mutual funds.


  1. A mutual fund is a collection of investments in several instrument
  2. Mutual funds invest in stocks, bonds and other securitie
  3. A mutual fund will have a fund manage
  4. There are three types of mutual funds: open-ended funds, closed-ended funds and unit investment trust
  5. Open-ended funds allow the purchase of shares at any tim
  6. Closed-ended funds only allow share purchase when it is create
  7. Unit investment trusts offer a fixed number of shares and have a finite lif
  8. A mutual fund normally consists of a specific type of investmen
  9. Usually profits made from mutual funds are reinveste
  10. There is a small management fe
  11. Mutual funds can be purchased on exchanges

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