What benefits do mutual funds have for individual investors?
Answer to relevant QuestionsWhat 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?What are the principal demographics of household owners of mutual funds?What is a 12b-1 fee? Suppose that you have a choice between two mutual funds, one a load fund with no annual 12b-1 fees, and the other a no-load fund with a maximum 12b-1 fee. How would the length of your expected holding ...What is the difference between domestic hedge funds and offshore hedge funds? Describe the advantages of offshore hedge funds over domestic hedge funds.Describe the difference between an insured pension fund and a noninsured pension fund. What type of financial institutions would administer each of these?
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