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What else can I help you with?
What informative websites can tell me what mutual funds investments are?
Mutual funds are best sought through your bank or bank website. You will find out the different types of mutual funds, the different levels of risk and whether you want them at all.
What are debt mutual funds?
Debt mutual funds are like Equity mutual funds with one main difference. Equity mutual funds buy shares whereas Debt mutual funds buy bonds and other debt products. So the returns on investment would be similar to what a bank would give us.
What are debt funds?
Debt mutual funds are like Equity mutual funds with one main difference. Equity mutual funds buy shares whereas Debt mutual funds buy bonds and other debt products. So the returns on investment would be similar to what a bank would give us.
When people invest your mutual funds they are making loans to banks and their investments are insured by the FDIC is this true or false?
Mutual funds accounts are not insured by the Federal Deposit Insurance Corporation. The FDIC only insures bank accounts (i.e., checking accounts and savings accounts, not mutual funds accounts). Anyone who invests in mutual funds is taking a certain amount of risk. Those funds can (and usually do) increase in value, but they can also decrease in value. If they decrease in value, that money is not going to be repaid by insurance. It is simply lost.
How do I invest in mutual funds?
Investing in mutual funds can be very difficult thing to do since many people do not understand how they work. You can simply walk into any bank and ask a banker in order to help you invest in various mutual funds.
Is an investment bank an actual bank?
The answer is May be. An investment bank may or may not provide retail banking services like checking accounts, credit cards etc. Their area of expertise is investment services, mutual funds, underwriting services etc.
Which online bank offers the highest rate of return on mutual funds?
There are variety of rates of returns for mutal funds. Fool.com rates historical prices of mutual funds including fees charged.
Who can help you invest in mutual funds?
Contact your local investment advisor in your bank. He/She would be able to guide you with the investment options in mutual funds. You may require some documents like PAN card, Address proof, Identity proof and also money in your bank account to conclude the purchase of the mutual funds.
Are mutual funds covered by federal market insurance?
No. Stock Market Investments (Mutual Funds as well) are not covered by federal insurance. It covers only bank deposits
Must mutual funds be held in street names?
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.
What types of bank accounts does PNC offer?
PNC offers savings, checking, money market, mutual funds. Credit cards and debit cards are available as well. Free checks are given.
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
