An introduction to the global mutual fund industry, this series explores the types of mutual funds, the fund selection process, and the structure of mutual fund companies. As the popularity of mutual funds explodes, this series also examines the trends that are shaping the industry, including indexation, exchange-traded funds, and the booming retirement market.
Recognize key points in the historical development of mutual funds and the significance of their global popularity among investors
Identify the definition and features of mutual funds and of the associated net asset value, fund families, and investment minimums
Identify specific guidelines and safeguards afforded investors who invest in mutual funds
Recognize or briefly describe benefits and drawbacks of mutual funds
Distinguish between equity and fixed-income funds
Identify the different types of hybrid funds
Describe how close-ended funds differ from open-ended funds
Identify alternatives to mutual funds
Align an investor's objectives with the objectives of income and growth funds.
Recognize how tolerance for risk affects your asset allocation and selection of mutual funds. Identify the key factors that differentiate mutual funds and the importance of researching them
Identify the role of the major players in a mutual fund company
Recognize the fees that the mutual fund company charges investors
Recall the steps in the process of buying and redeeming mutual fund shares
Describe how the mutual fund industry is affected by the current investment trends of the
Explain defined contribution plans and evidence of their global growth and popularity
Recognize characteristics of the new types of mutual funds that have developed in response to recent investor demand
Identify new DistributionChannels for mutual funds
