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I don't know. But since there are no answers yet, I'm going to mention that Fidelity Investment Grade Bond Fund, FBNDX, has an inception date of 9/30/1971.
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∙ 12y ago
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Can you draw funds from a Mutal Fund?
If it is an open ended mutual fund - Yes, you can draw the funds
How much money does it take to invest in a mutual fund?
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.
Can you explain what mutual fund investing is?
A mutual fund is a share or fund that is held by more than one holder yet managed by professionals. They pool money from many different investors, and unlike most funds are open ended.
Is mutual fund liquid asset?
Yes. open ended mutual funds can be considered liquid. You can convert it to cash within a couple of days.
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.
Are open-end funds the same as mutual funds?
Often referred to as the mutual fund industry, the open-end fund industry comprises about 95 percent of the mutual fund market
What was the first American open-end mutual fund?
The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924
Was the Massachusetts Investors Trust the first American open-end mutual fund?
The Massachusetts Investors Trust was the first American open-end mutual fund
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
Can a mutual fund investor use a regular account to purchase shares in an open-end fund?
No
Can you draw funds from a Mutal Fund?
If it is an open ended mutual fund - Yes, you can draw the funds
How many mutal fund in Nepal?
MUTUAL FUND IN NEPALNepal is a land lock country and it is between the two big growing economy country China in north and India in South,East&West.In Nepal there is not proper growing of Financial Markets so the Mutual Fund concept so in Nepal there is only two mutual fund the are:-NCM Mutual Fund &CBU Mutual Fund1. NCM Mutual FundThis fund is generated by Nepal Industrial Development Co-operation in 2059. This fund is an Open end fund.2. CBU Mutual FundThis fund is generated by Citizen Investment Trust and this is a closed end mutual fund.
The number of shares in an open mutual fund changes constantly?
Yes
Are bond mutual funds a good choice for people with steady income?
Yes they are good. aAny mutual fund is a good choice. You can choose to make regular payments or open an account with one large payment if your incoe isn't steady.
Can open end mutual funds short stocks?
The vast majority of mutual funds do not short stocks. Whether it is an open end or closed end fund is irrelevant. If a fund can short stocks, this strategy will be described as a "long-short" fund or something similar.
How much money does it take to invest in a mutual fund?
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.
