| Let's suppose you're just getting started as an | | | | various other investments. |
| investor and have $10,000 to invest and you | | | | They are professionally managed on behalf of the |
| have three important objects you want to | | | | shareholders, and each investor holds a pro rate |
| achieve. | | | | share of the portfolio -- entitled to any profits |
| 1st, Want security, don't lose money in a risky | | | | when the securities are sold, but subject to any |
| venture, like that found in a certificate of deposit | | | | losses in value as well. |
| or other fixed income investment. | | | | Types of Mutual Funds? |
| 2nd, Want to make the most money you can, so | | | | Most funds can fall into three major types - |
| you want the prospect for growth potential, too. | | | | growth funds,income funds and balanced funds, |
| 3th, Want professional money management -- | | | | by how aggressive or conservative they are and |
| occasionally diversifying your investments into | | | | by investment objective. A mutual fund can also |
| promising new opportunities, since you don't have | | | | be a loaded fund or no-load fund, and so on. |
| the time or knowledge to actively manage your | | | | Growth funds are more likely to invest in |
| money. | | | | well-established companies stocks where the |
| It sounds like to be a very good plan, but where | | | | company itself and the industry in which it |
| can you invest your money and have a chance to | | | | operates are thought to have good long-term |
| meet all three criteria? The answer for more and | | | | growth potential. |
| more Americans is to invest in funds. | | | | Income funds are tend to invest in government |
| What Is Mutual Funds? | | | | or corporate securities, it offer its investors a |
| As an investment tool, mutual funds pool together | | | | regular income usually paid out in the form of |
| money from numerous investors and invest this | | | | monthly dividends. This is why this type of |
| collective sum into a variety of stock, bonds and | | | | investment is called a fixed income fund. |