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The "no-load" label does not mean that the company selling the fund is a "non-profit" organization. If the company selling the fund is and/or has been successful, then it stands to reason that it is a profitable business. So a portion of your investment makes up for the profit on their end, which translates into cost (albeit not "load") on your end.
Start by reading the prospectus and pay special attention to the "expense ratio". This is the portion of your investment that is "skimmed off the top" sight unseen if you don't look for it. Within the "expense ratio", consider the "12-b-1 fees", which needs to be compared with other funds in its "class".
The subtlety of costs must also include consideration of taxes paid on gains especially on actively traded funds. For this, you have to focus on the "turnover ratio" within the prospectus to get a fair idea of what the costs of investing with a "no-load" fund would be.
These and other factors needs to be considered and for some it is best discussed with a financial adviser whom you trust to look out for your interest (i.e. by being upfront about the costs associated with investing with him/her).
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How can someone compare mutual funds?
Someone can compare mutual funds by using a MarketWatch tool for mutual fund comparison, Smart Money fund compare, and analyzing mutual funds at finance in yahoo.
Mutual Fund?
form_title=Mutual Fund form_header=Meet your financial goals by investing your money in a mutual fund. Are you interested in hiring a broker to give you more information about mutual funds?= () Yes () No What type of mutual fund are you looking into investing in?=_ What is your budget for investing?=_
Do fund of funds raise money?
A Fund of Fund is a Mutual Fund where the fund manager does not buy individual stocks. Instead he buys mutual funds of a particular type. Maybe Equity Oriented Funds or Debt Oriented Funds etc. When the Fund of Fund starts an IPO, they raise money from investors and then begin investing money in the various fund schemes
What mutual funds?
Mutual fund investment is actually made up of pool of funds collected from various other investors to invest stocks, money market instruments and similar assets. Mutual funds are controlled by fund managers, who invest the fund's money and attempt to produce capital profits for fund investors.
What do you mean by mutual fund?
Mutual Fund is an open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public.
What is a mutual funds manager?
Mutual Fund Manager is a Persona in Asset Management Company (AMC), who handles all the Mutual Fund Investments, Who handles all the money of investors which has been invested in Mutual Funds.
How can someone compare mutual funds?
Someone can compare mutual funds by using a MarketWatch tool for mutual fund comparison, Smart Money fund compare, and analyzing mutual funds at finance in yahoo.
Mutual Fund?
form_title=Mutual Fund form_header=Meet your financial goals by investing your money in a mutual fund. Are you interested in hiring a broker to give you more information about mutual funds?= () Yes () No What type of mutual fund are you looking into investing in?=_ What is your budget for investing?=_
Do fund of funds raise money?
A Fund of Fund is a Mutual Fund where the fund manager does not buy individual stocks. Instead he buys mutual funds of a particular type. Maybe Equity Oriented Funds or Debt Oriented Funds etc. When the Fund of Fund starts an IPO, they raise money from investors and then begin investing money in the various fund schemes
Who is the number one mutual fund company in India?
No one fund house can claim to be the number one fund company in India. The top few fund houses could be either of the below 3 fund houses: 1. SBI Magnum Mutual Funds 2. HDFC Mutual Funds 3. ICICI Prudential Mutual Funds
What is a mutual fund Is it a safe investment?
A mutual fund is when a company takes money from many investor's and pools it together to invest in stocks, bonds and other assests. Mutual Funds can be risky because they are not insured by the FDIC.
What mutual funds?
Mutual fund investment is actually made up of pool of funds collected from various other investors to invest stocks, money market instruments and similar assets. Mutual funds are controlled by fund managers, who invest the fund's money and attempt to produce capital profits for fund investors.
What is the meaning of fund accounting with reference to Mutual Funds?
It is the process of reviewing the net financial assets of a mutual fund company.
What do you mean by mutual fund?
Mutual Fund is an open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public.
Can banks invest in mutual funds?
They can invest their own income/profits in a mutual fund but they cannot invest the depositors money in a mutual fund
Can you borrow monies from mutual funds?
No. You can sometimes borrow money from a 401k or other retirement plan, but not from a regular mutual fund account. To get money out of mutual funds, you do a redemption.
Where can you buy mutual funds?
You can buy it at a no load mutual fund company. An example of this kind of company is Vanguard. One can also seek advice from other people on where to buy mutual funds.
