The Process of Selecting a Mutual Fund

Ginny does not want to take on the excessive risk associated with aggressive growth funds, but also wants higher returns than those offered by the extremely low$-$risk$$funds$.$Step $$Ginny$$s goal is to invest the money such that it will provide the means to make a down payment on a home in $15$ years. He hopes for a return of $78\%.$Step $$Because he is not going to need the money for $15$ years, Ginny can choose $$investment policy.Step $$After establishing his portfolio, Ginny will $$to monitor the performance of his funds.Step $$Ginny is comfortable researching funds on the Internet and perhaps consulting a professional once the value of her investments has grown; therefore, she decides not to seek out professional advice at this time.Step $$Ginny uses a fund screener to compare past performance, ratings, and services of different funds that meet her basic objective criteria.Step $6$Because she knows that funds with loads are more costly $,$ sheeliminates $$funds with loads.Step $4$