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An Mutual Fund is an investment vehicle that is made up of a pool of
funds collected from many investors for the purpose of investing in
securities such as stocks, bonds, money market instruments and similar
assets. One of the main advantages of mutual funds is that they give
small investors access to professionally managed, diversified portfolios
of equities, bonds and other securities, which would be quite difficult
(if not impossible) to create with a small amount of capital.
— A complete, but concise, tutorial about mutual funds in a one-page
format with sidebars, illustrations, formulas, examples, and clear
definitions of basic terms.Mutual Fund CompaniesInvestment AdviserBoard
of DirectorsCustodianTypes of Investment CompaniesManagement
CompaniesOpen-End Mutual FundsClosed-End Mutual FundsExchange Traded
Funds (ETF)Evaluating a Mutual FundProspectusStatement of Additional
Information (SAI)FeesNo Load Mutual Fund FeesClasses of Mutual Fund
SharesExpense RatioMeasuring Mutual Fund PerformanceInvesting in a
Mutual FundBuying Mutual Fund SharesProfiting from a Mutual
FundRegulation of Mutual Fund CompaniesWhat to Consider When Buying
Mutual Fund SharesNo-Load Funds may have Fees for Purchasing or Selling
SharesLower Fees and Expenses Increases Total Returns and Yields; Higher
Expenses Lowers ReturnsBeware of Closet Indexers Statement of
Additional Information (SAI)New Format for Prospectuses: the Summary
Prospectus and the Statutory ProspectusA Mutual Fund's Past Performance
is no Indication of its Future Performance Shareholder Fees12b-1 Fees
(Shareholder Service Fees)Sales LoadClasses of Mutual Fund SharesSales
LoadBreakpointsLetter of IntentRights of AccumulationNo Load Mutual Fund
FeesPurchase FeeRedemption FeeExchange FeeAccount FeeAnnual Fund
Operating ExpensesManagement FeesDistribution FeesOther ExpensesTotal
Annual Fund Operating Expenses — Expense Ratio Buying SharesReinvestment
PrivilegeRedemption of SharesSystematic.
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