Invest.txt -...

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- Trust-Infographic_R32.png Fees - initial service charge - management fees - switching fees (switch from equity to money market) - exit fees - switching fees ---------------------------------- Type of investment Bond - borrow money to a company - receive interest as return - low potential Stock Warrant - stock with leverage Mutual fund - collection of stock and bond Unit Investment trust Index funds are mutual funds chosen to reflect a specific market, such as the S&P 500. ETF is same as mutual fund, which has diversification, but dont have a fund manager, so lower management fees stock ETF and bond ETF - Both typically seek to track an index - both trade on a stock exchange - both give investors exposure to a diversified portfolio of securities in one trade. ------------------------------------ Unit investment trust vs mutual fund - mutual fund more diversified and tend to more active and trade more - mutual fund managed by a group of pro - UIT will have a termination date, when it reach, then the UIT will terminated - UIT differentiate into equity and fixed income(bond? because bond give
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