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

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14y ago

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What are some of the best mutual funds available?

There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.


Where can one purchase American funds mutual funds?

One may purchase American Funds mutual funds through financial institutions, such as the one that handles ones retirement plans. One may find additional information about American Funds on their website.


What are some good mutual funds to invest in?

According to a CNN report, some of the best mutual funds right now are American Funds American Mutual A and Sound Shore. Some others are T. Rowe Price Equity Income and Vanguard Windsor II.


Are American funds in trouble?

no, despite the similar name, the Washington Mutual funds are in no way related to Washington Mutual bank. Please read the FAQ and fund information at www.americanfunds.com


What types of functions are available at american funds?

American Funds offer a wide array of mutual funds. They offer growth funds, growth-and-income funds, equity-income funds, balanced funds, bond funds, tax-exempt bond funds, money market funds, and target date funds.


How do no load mutual funds work?

No load mutual funds are mutual funds that are sold directly by the investment company instead of by an investment broker. They work exactly the same as regular mutual funds.


How do fund of funds classify?

Mutual Funds are classified as * Equity Mutual Funds * Equity Diversified Funds * Equity Linked Savings Schemes * Large Cap funds * Mid cap funds * Small cap funds * Contra Funds * Sectoral Funds * Thematic Funds * etc... * Debt Mutual Funds * Bond Mutual Funds * Hedge Funds * Fund of Funds * etc...


What are mutual fund shares?

Mutual fund shares are stocks of mutual funds, fractions of mutual funds just as companies have shares.


How many mutual funds were there in 1990?

By 1990, there were 3,105 different mutual funds


Where can one invest mutual funds online?

Fidelity, American Century Investments, and Scottrade all allow online investing in mutual funds. According to Wikipedia, Fidelity was also the 2nd best mutual fund as of Octoboer 2011 (preceded by Vanguard).


What is pimco funds?

Pimco funds are mutual funds. They are a type of mutual fund that gains interest over time. Pimco is a international financial institution from whom you would get these mutual funds.


What are the two primary types of mutual funds?

The two primary types of mutual funds are "no-load" and "load" funds