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What is a mutual fund? - Finance

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A mutual fund is quite simply a collection of stocks, bonds, or other securities owned by a group of investors and managed by a professional investment company. When you put money into a mutual fund, it is combined with money from similar-minded investors. This large pool of money gives you much greater purchasing power than you could possibly have investing on your own. "Pooling" of money is neither complicated nor exclusive to the mutual fund industry. If, for example, you and your co-workers put your money together to buy lottery tickets, you already know how "pooled" money works. On your own, you might be able to afford one or two tickets, but your money combined with your co-workers' gives you a share in a great many more.

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Posted on Dec 06, 2017

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Mutualfundindia.com is a complete guide to mutual funds which provides detailed information on performance of various schemes including latest NAVs and fund comparisons. While taking into consideration various investment opportunities, the foremost challenge that almost every investor faces is the long list options. From bonds, stocks, money market securities, shares, every option presents its own set of benefits and challenges. Here Are the
Best Reasons to Invest in Mutual Funds
5 Best Reasons to Invest in Mutual Funds

Posted on Jan 18, 2016

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Posted on Apr 08, 2015

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There are different types of Mutual Funds...
Simple example: Mutual = ( a feeling or action) experienced or done by each of two or more parties toward the other or others.
"a partnership based on mutual respect and understanding"
synonyms: reciprocal, reciprocated, returned; common, joint, shared
That was a definition of Mutual.
A fund is a "Basket" where a collection of more than one security, and that could be either many different types of stocks, bonds, CD's, Real Estate, Precious Metals, etc. And they all work together and managed daily by a "Fund Manager" and his or her experience in this field, will yield the customer the highest gains. Mutual funds can be either very low risk or very high risk, depending on your ability to risky or not - Age and how close you are to retirement will answer how risky you can or should be. If you're a young teenager or 20 something, you can afford to be very risky and have the attempt to have about 15 - 30% gains on your investment. If you're middle aged, unless you have much $$$, you don't have the luxury to be quite so risky, so you will be in a more conservative fund gaining an average of 3 - 12% gain on your investment.

Do your research if you're interested in getting into mutual funds, and have fun and make your fortune. Retire a millionaire!

Posted on Apr 08, 2015

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According to Wikipedia, a mutual fund is a type of professionally managed collective investment vehicle that pools money from many investors to purchase securities.

Posted on Aug 19, 2013

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Are there any surplus money in the nei pension fund?


Contact them.

FIXYA is for asking and answering questions.
Volunteers should not be given your personal financial details, and do not have anything to do with pension funds, banks, or government institutions.


https://www.pensionfund.co.za/fund-administrators-and-the-funds-they-administrate/old-mutual-life-assurance

Feb 05, 2018 | Finance

Tip

Tips for First-Time Investors in Mutual Funds


Before choosing a mutual fund, as with any investment, it's always important to do your homework:
Pay attention to fees. Some may be as high as 2%.
Diversify if possible.
Allow for annual adjustments, don't just set your mutual fund. Invest time to study your fund's performance and make changes as necessary.
If you have a short-term goal, pick a debt fund. Long-term investors can choose more equity than others.
Always balance risk and return. Think about the level of risk you are willing to take with your investment. In theory,
avoid funds that have only recently been doing very well for a a short period of time. It will most likely not do as well later on since it is unlikely to keep up such a strong performance. Instead, look for funds that consistently rank highly.
Don't be too quick to get rid of a fund that starts to lose money unless the losses have been consistent. Otherwise, hang in there, and give it time to imprtove. All funds are bound to have an off-year.
Analyze the funds expenses and fees, Fees can have a serious affect on the returns you will get on an investment. Search for mutual fund cost calculators online to help you with this.
If you need to earn money relatively quickly, say within a year, you should avoid investing in volatile funds, which are far less reliable. These types of funds usually require some time before they earn you money.
Ask if there have been any recent changes in the mutual fund's operations: Have strategies or advisers changed? (This is especially important if the manager responsible for a successful performance is no longer managing the fund.) Has the fund merged with another fund? All of these factors can affect perormance, so make sure you are well- informed.
Find out out how easy or difficult it will be to buy and sell shares and whether there are fees for doing so. In general, anything that will require extra work from the fund manager ( for instance working with overseas funds) will probably incur a higher fee. Check if any special services such as toll-free numbers or automatic investment programs are offered.
I hope you found these tips helpful!

on Oct 08, 2013 | Finance

1 Answer

Which is the best company for Mutual fund investments in India?


Mutual funds offer the right platform to participate in the Equity or Debt markets since they give you the advantage of getting a professional fund manager to invest funds on your behalf. Metcon Finance is the best mutual fund investment company in India. Read more www.metconfinance.com/mutualfund-debt.php

May 23, 2014 | BookWORLD Mutual Fund Industry Handbook: A...

1 Answer

I WISH TO CHECK FOR OUTSTANDING FUNDS


Go on line to Google and there is a government website that shows all bank accounts and funds that you may have from bank accounts to mutual funds

Apr 24, 2014 | Finance

1 Answer

Name of top mutual funds company in kolkata


Don't know about "kolkata." But, if you're looking for an excellent long term Mutual Fund, check AmericanFunds.com.

Mar 12, 2014 | Computers & Internet

2 Answers

I've heard the term "expense ratio" referred to in terms of mutual funds. What does this term mean?


An expense ratio is how investors compare different expenses across different funds. The expense ratio is the 12b-1 fee with the management fee and any other fund expenses and then this total is divided by the average daily net assets.

Aug 19, 2013 | Finance

2 Answers

Are there different types of mutual funds?


I live in the US so this is how it works here, I'm not sure about other countries. In the US, there are 3 main types of mutual funds.1. open end funds 2. Unit investment trusts 3. Closed end trusts. Mutual funds will usually refer to open end types of funds. Exchange-traded funds are open end funds or unit investment trusts that trade using an exchange.

Aug 19, 2013 | Finance

3 Answers

Is a hedge fund a mutual fund?


Hedge funds are not a type of mutual fund.

Aug 19, 2013 | Finance

1 Answer

Can you give me an example of a mutual fund? I need to do research on a mutual fund and find it's symbol, and I'm having a hard time


I went to www.google.com typed in Mutual Fund Example and here is a great source to look into.

http://www.investopedia.com/university/mutualfunds/mutualfunds1.asp

Also try broadening your search.

Nov 13, 2009 | Individual Quick & Easy Plan Retirement...

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