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Mutual funds must be held in a person's real name. This is the name on their birth certificate, or found on their drivers license, or other form of identification.
Wiki User
∙ 10y ago
Wiki User
∙ 10y agoMutual funds can not be held at a bank under a false, street, or nickname. In order to have a mutual fund at a bank, you must use your real name that is on your birth certificate.
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Are mutual funds regulated by states?
Mutual funds must also comply with regulations of each state in which its shares are held
What is a non load mutual fund?
A no-load mutual fund is one that does not charge a fee to investors. Many mutual funds have a "load" or initial fee, often around 5%, that investors must pay in order to buy in to the fund. No-load mutual funds lack this fee, and earn money for their managers in different ways. Most index funds are no-load funds.
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 funds prospectus, offer document and past performance before taking your investment decision.
What are the features of alternative energy mutual funds?
Alternative energy mutual funds behave basically the same as regular mutual fund. The features that make them different are that they are based on environmentally friendly energy sources or must be connected to environmentally friendly products.
What is mutual funds in the industry of finance.?
Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.
Is forex mutual funds too risky?
Forex mutual funds have more risk than a FDIC saving account but they pay more. When accessing risk you must take into account the risk of not keeping up with inflation. It all depends on your risk tolerances, which you did not mention
Is a Mutual Fund Right for You?
The mutual fund is a bundle of investments that are taken together for the purposes of dealing out interest related profits to investors. Mutual funds are known in the common knowledge as a "safe" type of investment, primarily because of the low maintenance required by the investor to keep the mutual fund. However, this common definition of the mutual fund has been shattered by the recent events in the market; namely, the Great Recession and the US debt crisis, both of which rocked the market so much as to shake mutual funds from their safe perch. A mutual fund must be researched the same as any other investment, only with a mutual fund, one must research the investment team.
What is non fundamental?
Relating to Mutual Funds, a non-fundamental policy is a policy that can be changed without obtaining shareholder approval. A 60-day notice must be sent to the shareholders prior to the Mutual Fund making the change.
What is non-fundamental investment policy?
Relating to Mutual Funds, a non-fundamental policy is a policy that can be changed without obtaining shareholder approval. A 60-day notice must be sent to the shareholders prior to the Mutual Fund making the change.
Which words in the page with the guide words must and myself?
must , mutual
How do you select a mutual fund?
The first step is to find out the objectives of the investment. The objectives of an investment in mutual funds will be low risk or high risk, short or long term focus on liquidity, fixed income or equity. If the objectives of the investment are the same as that of the investor, then one can go on to the next step. It is very important to evaluate the past performance of the mutual fund. Through this evaluation the investor can get an idea of how the performance of the fund compares to other available options. One can also determine if the objectives that are stated have been fulfilled. This can be achieved by finding out which mutual funds have performed the best in the market. A good mutual fund should have a track record of consistently outperforming its benchmark. It is also a good idea to evaluate the performance of the mutual funds over a number of different periods of time. These could be three months, one year or three years depending on what period the investor wishes to keep his investment. The mutual funds that fall among the top five should then be shortlisted by the investor. The third step to choose a good mutual fund is diversification. An investor must diversify his funds in order to expand the amount of investment. This means that the investor should select two or more mutual funds that have similar investment objectives. This will help the investor to minimize the risks involved with his investments. Before choosing a Mutual Fund, the investor should examine the costs of the fund. These include sales loads, annual fund expenses and also management fees. There are a lot of Online trading portals that are listed with the NSE and BSE that help you to choose the right funds by providing all the necessary market information. Reliance Mutual Funds, ICICI, HDFC, Franklin Templeton are some of the best that are available. Reliance Mutual Funds provides a lot of information to investors through their knowledge centre.
How long has Vandguard Mutual Funds been in business?
For any goods and or services that you are looking to obtain, you must do your research. This will allow you to receive the correct goods and or services at a good price.3er
