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Mutual_fund_2.2_US09.key - Sharing the risk with others...

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Sharing the risk with others: Mutual Funds I Clicker Question Which type of mutual fund would have the lowest “internal” fees - ie, 12(b)1 fees and money manager fees? A. International B. Growth C. Index D. Income And WHY? No Load, Index Mutual Funds Money manager 12(b)1 Commission to sales person = Load “I think that people are generally trying to simplify their lives……. ……They (advisors) try to sell you on the idea that a simple investment approach is only for dummies…” “Low cost and simplicity, trumps everything.” Jane Bryant Quinn Family of funds An investment management company that offers a variety of different funds each with their own investment objective. Fidelity, Vanguard, American Funds, T Rowe Price American Funds or Vanguard? Actively managed funds. Fundamental Invest • (ANCFX) ($250. minimum ) .61 expense ratio 5.25% Load NAV = $32.38 Indexed funds/low expenses Mid Cap Index • (VIMSX) ($3,000 minimum) .22 expense ratio NAV = $13.25
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How is a mutual fund priced?
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