When people invest in mutual funds they are making loans to banks and their investments are insured by the FDIC True or False?

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True. When people invest in mutual funds they are making loans to banks and their investments are insured by the FDIC.
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How many mutual funds are there to invest in?

There are numerous types of mutual funds that are available for investment. The Different Mutual Fund Categories in India are: 1. Equity Diversified Funds 2. Equity Mi

What makes a mutual fund an attractive investing option?

Because: . They invest in the stock markets and the stock markets are one of the best investment instruments . They are operated/maintained by a trained and experienced f

Who can help you invest in mutual funds?

Contact your local investment advisor in your bank. He/She would be able to guide you with the investment options in mutual funds. You may require some documents like PAN card

Is ok to invest in State bank of India Mutual Funds?

Yes. SBI Mutual Funds is a profitable and well performing mutual fund company in India. However all funds offered by SBI are not performing greatly so, you must look at the fu

What is mutual fund how to invest in it?

mututal fund represents a vehicle for collective investments....an individual who cant invest directly in securities market cantake help of mutual fund to invest on his behalf

How is investment in mutual fund different from the bank deposit?

When you deposit money with the bank, the bank promises to pay youa certain rate of interest for the period you specify.On the dateof maturity the bank is supposed to return t

How is investment in mutual fund is different from the bank deposit?

When you deposit money with the bank, the bank promises to pay you the interest for the period you specificed .On the date of maturity the bank is supposed to return the princ

When people invest your mutual funds they are making loans to banks and their investments are insured by the FDIC is this true or false?

Mutual funds accounts are not insured by the Federal Deposit Insurance Corporation. The FDIC only insures bank accounts (i.e., checking accounts and savings accounts, not mutu