in19 - Chapter 15: Investing Through Mutual Funds...

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Unformatted text preview: Chapter 15: Investing Through Mutual Funds Objectives Identify why people invest in mutual funds. Distinguish among the four major objectives of mutual funds. Classify mutual funds by portfolio. List the unique benefits of mutual funds. Objectives Describe the various charges and fees associated with investing in mutual funds. Explain how to select a mutual fund in which to invest. Recognize valid reasons for selling a mutual fund investment. Investing Through Mutual Funds open-end investment company combining funds of investors who have purchased shares in a diversified portfolio of securities. MUTUAL FUND . . . What is a Mutual Fund? A pool of money Managed by a professional investor Manager works for an investment firm Each fund has a specific objective Over 6,000 funds to choose from Figure 15.1 Three Reasons Why People Purchase Mutual Funds Diversification funds of many investors are pooled and used to purchase a variety of investments...
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This note was uploaded on 02/11/2011 for the course FIN 3403 taught by Professor Tapley during the Spring '06 term at University of Florida.

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in19 - Chapter 15: Investing Through Mutual Funds...

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