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In the latest part of our series looking at different types of mutual funds we look at fund-of-funds. Simply put, these types of mutual funds invest in other mutual funds or hedge funds. An investor investing in fund-of-funds is trying to build a broadly diverse portfolio and spread out asset allocation by investing in a variety of funds types in one.
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March is Fraud Prevention Month!
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Our look at different types of mutual funds continues today with specialty funds.
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We have written a blog post about index funds before
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The next stop in our look at different types of mutual funds are balanced funds.
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We enter February with the next part in our series on different types of mutual funds. This week we’re looking at equity funds.
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A new year means a new semester. New classes. New students. New teachers. And with that comes new opportunities.
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Our look at different types of mutual funds continues today with fixed income funds.
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We begin our look at different types of mutual funds with money market funds. A money market fund is a mutual fund that invests in cash, cash equivalents, and short-term debt securities that are highly liquid. Some of these securities could include government bonds, treasury bills, and certificates of deposit.
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With income tax time coming up many investors may be thinking about contributing to their RRSP before the end of the annual contribution period. Many investors will do this by investing in mutual funds. If you are investing in mutual funds you should know that there are several different types of mutual funds.