Description
Do a research on the benefits and cons of investing in a mutual fund. Would you be interested in investing in a mutual fund or directly buy shares of stocks? |
Explanation & Answer
Attached.
Running Head: INVESTING IN MUTUAL FUNDS
Investing In Mutual Funds
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INVESTING IN MUTUAL FUNDS
A mutual fund refers to an investment strategy that enables individuals to pull their
money together with other investors in a bid to purchase other collection of stocks, bonds and
other securities that may be difficult to pull together by an individual investor. A mutual fund is
often referred to a portfolio of asset and the price of a portfolio is determined by the price of
individual assets that makes up the portfolio. In most cases, the price of a mutual fund is often
referred to as net asset value (NAV). The net asset value (NAV) of a mutual fund is arrived by
determining the total value of the securities within the portf...