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The Massachusetts Investors Trust was the first American open-end mutual fund

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What was the Massachusetts Investors Trust?

The Massachusetts Investors Trust was the first American open-end mutual fund


What is the origin of American mutual funds?

In contrast to futures, the first American mutual fund was not organized until 1924, when Massachusetts Investors Trust was started.


What was the first American open-end mutual fund?

The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924


When was the first American open-end mutual fund established?

The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924


Was the first American open-end mutual fund created in 1924?

The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924


Do mutual funds pay dividends to investors?

Yes, mutual funds can pay dividends to investors. Dividends are typically distributed by mutual funds that invest in dividend-paying stocks or bonds. Investors receive these dividends as a share of the fund's income.


How do mutual funds obtain capital besides investors investments and charging investors fees?

There are no other ways for mutual funds to obtain capital


Who are Zimbabwe's institutional investors?

Old Mutual


What are people who invest in mutual funds called?

They are called Mutual Fund Investors or Mutual Fund Unit Holders.


What was the PX Washington Mutual Investors Fund?

It was a mutual fund managed for principal growth


When was Massachusetts Mutual Life Insurance Company created?

Massachusetts Mutual Life Insurance Company was created in 1851.


What is a mutual fund's objective?

The objective of a mutual fund is to pool in money from investors and use it to invest in investment vehicles thereby trying to generate profit for the investors and use the same to profit the company that runs the Mutual fund.