What are the principal demographics of household owners of mutual funds?
Answer to relevant QuestionsWhat 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?What is the difference between a load fund and a no-load fund? Is the argument that load funds are more closely managed and therefore have higher returns supported by the evidence presented in Table?What are the different categories of hedge funds?Suppose an individual invests $ 20,000 in a load mutual fund for two years. The load fee entails an up- front commission charge of 2.5 percent of the amount invested and is deducted from the original funds invested. In ...Describe the “pay as you go” funding method that is used by many federal and state or local government pension funds. What is the problem with this method that may damage the long- term viability of such funds?
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