Podcast Beta
Questions and Answers
Mutual funds are an aggregate of ______, bonds, and assets purchased with money from many investors
stocks
The pooled money in mutual funds is placed into ______, bonds, and other holdings
stocks
Mutual funds are the most common investment vehicle for individuals because they do not require a lot of ______ to get started
money
When putting money into a mutual fund, it is being thrown into a pot with another couple hundred million of ______
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Detailed information about the mutual fund is called ______
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Front-end loads are ______ paid up front
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A 6% front load means you pay 6% of every peso invested as a fee, you invest in the remaining fund. An investment of PHP 100,000 means that PHP 94,000 goes to the fund and PHP 6,000 goes to the ______.
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Deferred sales charge permits the load to be postponed, and it gradually declines over a period of years until the sales charge is 0. If you invest PHP 100,000 in February in a mutual ______ with a 5% deferred sales charge, you would pay 5% if you sell the ______ the first year, 4% the second year, and so forth until the sixth year, when you could withdraw all the ______s without a fee. Back-end loads means you pay a set fee upon the sale of the mutual ______. If you purchase and then sell a ______ within too short a time, certain ______s will charge a back-end fee, often 1 or 2% HOW TO BUY MUTUAL FUNDS Call a stockbroker, a professional buyer and seller of investments, and ask about the ______. Go directly to the mutual ______ on line. ADVANTAGES OF MUTUAL FUNDS Money can be taken directly from the bank account each month and transferred into a mutual ______. It offers diversification. If you diversified and one or more of your investments hits a slump, you can rely on your other investments to boost your total portfolios. It does not cost much out of pocket to buy mutual ______ shares. It carries almost no risk of going bankrupt. This is due to diversification within a ______, a mutual ______ is very unlikely to lose its entire value.
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Money can be taken directly from the bank account each month and transferred into a mutual fund. It offers ______.
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If you diversified and one or more of your investments hits a slump, you can rely on your other investments to boost your total portfolios. It does not cost much out of pocket to buy mutual fund shares. It carries almost no risk of going bankrupt. This is due to diversification within a fund, a mutual fund is very unlikely to lose its entire ______.
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If you purchase and then sell a fund within too short a time, certain funds will charge a back-end fee, often 1 or 2%. HOW TO BUY MUTUAL FUNDS Call a stockbroker, a professional buyer and seller of investments, and ask about the fund. Go directly to the mutual fund ______.
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A 6% front load means you pay 6% of every peso invested as a fee, you invest in the remaining ______.
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