What are long-term mutual funds? In what assets do these funds usually invest? What factors caused the strong growth in this type of fund during the 1990s and the decline in growth in the early and late 2000s?
Answer to relevant QuestionsWhat are money market mutual funds? In what assets do these funds typically invest? What factors caused the strong growth in this type of fund over various periods from 1992 through 2009?What is the difference between an open-end mutual fund and a closed-end fund? What is the difference between an open-end mutual fund and a unit investment trust?Why did the proportion of equities in long-term mutual funds increase from 38.3 percent in 1990 to 70.0 percent in 2007 and decrease back to 55.5 percent in 2008? How might an investor’s preference for a mutual fund’s ...An investor purchases a mutual fund for $ 50. The fund pays dividends of $ 1.50, distributes a capital gain of $ 2, and charges a fee of $ 2 when the fund is sold one year later for $ 52.50. What is the net rate of return ...Describe the difference between a defined benefit pension fund and a defined contribution pension fund.
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