Comments on: What are the Basics of Mutual Funds? http://fundsblog.com/2007/10/25/mutual-funds-32/ All About Mutual Funds Thu, 09 Sep 2010 14:39:29 +0000 http://wordpress.org/?v=2.3.3 By: newjerseyguy http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-140 newjerseyguy Wed, 31 Oct 2007 23:51:42 +0000 http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-140 Read "Mutual Funds For Dummies." Its a great book and you will end up with a good grasp of the basics. Read “Mutual Funds For Dummies.” Its a great book and you will end up with a good grasp of the basics.

]]> By: sandevyl http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-139 sandevyl Mon, 29 Oct 2007 14:14:22 +0000 http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-139 Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document. Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the risk because all stocks may not move in the same direction in the same proportion at the same time. Mutual fund issues units to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as unitholders. The profits or losses are shared by the investors in proportion to their investments. The mutual funds normally come out with a number of schemes with different investment objectives which are launched from time to time. Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.

Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the risk because all stocks may not move in the same direction in the same proportion at the same time. Mutual fund issues units to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as unitholders.

The profits or losses are shared by the investors in proportion to their investments. The mutual funds normally come out with a number of schemes with different investment objectives which are launched from time to time.

]]> By: muncie birder http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-138 muncie birder Sun, 28 Oct 2007 10:14:10 +0000 http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-138 This requires darn near a whole book. A mutual fund is a pool of insestors' money managed by a mutual fund manager which invests in a portfolio of stocks and takes a cut off the top for his/her trouble, somewhere between 0.1% and 5.0% depending on several things but mostly depending on the fund. I can not tell you wich you should choose. That is a personal preference. I can tell you some that have been good investments in the past. That I can do. PENNX. Minimum investment $2000. They take a 0.87% cut off the top. Annual return over the last ten years 11.6%. It invests only in small companies that it considers undervalued. FIGRX. Minimum investment $2500. They take a 1.00% cut off the top. Annual return over the last ten years 11.2%. It invests in foreign stocks large companies of developed countries mostly. PRWCX. Minimum investment $2500. They take a 0.73% cut off the top. Annual return over the last ten years 10.72%. It invests is both stocks and bonds. Sort of invests in large domestic companies that are cosidered more or less cheap. Those are 3 that have different investment philosophies and are generally considered sound mutual funds that a better than average. This requires darn near a whole book. A mutual fund is a pool of insestors’ money managed by a mutual fund manager which invests in a portfolio of stocks and takes a cut off the top for his/her trouble, somewhere between 0.1% and 5.0% depending on several things but mostly depending on the fund. I can not tell you wich you should choose. That is a personal preference. I can tell you some that have been good investments in the past. That I can do.

PENNX. Minimum investment $2000. They take a 0.87% cut off the top. Annual return over the last ten years 11.6%. It invests only in small companies that it considers undervalued.

FIGRX. Minimum investment $2500. They take a 1.00% cut off the top. Annual return over the last ten years 11.2%. It invests in foreign stocks large companies of developed countries mostly.

PRWCX. Minimum investment $2500. They take a 0.73% cut off the top. Annual return over the last ten years 10.72%. It invests is both stocks and bonds. Sort of invests in large domestic companies that are cosidered more or less cheap.

Those are 3 that have different investment philosophies and are generally considered sound mutual funds that a better than average.

]]> By: Donald B http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-137 Donald B Sat, 27 Oct 2007 23:44:30 +0000 http://fundsblog.com/2007/10/25/mutual-funds-32/#comment-137 Mutual funds are a pool of securities that people can purchase shares in. They will share the profits or the losses based upon the performance of the fund. Personally, I am not a fan of mutual funds anymore. I would rather invest in ETF's or DRIP Plans. It is just a matter of what you prefer and feel comfortable with. Mutual funds are a pool of securities that people can purchase shares in. They will share the profits or the losses based upon the performance of the fund.

Personally, I am not a fan of mutual funds anymore.

I would rather invest in ETF’s or DRIP Plans. It is just a matter of what you prefer and feel comfortable with.

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