Why might there be some potential danger in investing in sector funds?
Answer to relevant QuestionsWhat does Rule 12b-1 enable mutual funds to do? Is this normally beneficial to current mutual fund shareholders? What is the basic difference between a closed-end fund and an open-end fund? Under dollar-cost averaging, an investor will purchase $6,000 worth of stock each year for three years. The stock price is $40 in year 1, $30 in year 2, and $48 in year 3. a. Compute the average price per share. b. Compute ...Dan Herman purchases the Ivy Tower New Horizon Fund at a net asset value of $11.25. During the year, he receives $0.50 in dividends and $0.14 in capital gains distributions. At the end of the year, the fund’s price is ...What is meant by the concept of rotational investing?
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