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What are mutual funds and what are the best funds to buy at
this time. Why??
Answer Posted / samir
A mutual fund is pooled investment vehicle that commingles
the monies of investors in a single, dynamic investment
portfolio, which includes a diverse collection of stocks,
bonds or other securities, and is managed by a professional
investment company. In Britain, mutual funds are called
Unit Trusts.
THe best fund to buy at this time is subject to the risk
appetite for the investor regarding his ability to loose
part of his principle , also subjext to the tenor of
investments and many other things....
| Is This Answer Correct ? | 2 Yes | 2 No |
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