Overview of Mutual Funds
In This Chapter
◆ Why mutual funds work for investors
◆ Types of mutual funds
◆ Mutual fund styles
◆ Diversification and asset allocation
Socially responsible investors use mutual funds more than any other investment product—and with good reason. Mutual funds make it easy to invest by doing all of the hard work (research, monitoring, buying, selling) for you. That professional help is valuable, but it comes with a price and, if you’re not careful, expenses can cut deeply into any profits. For many investors, reasonable expenses are a small price to pay for the professional management and ease of investment that mutual funds offer.
Investors can choose from a wide variety of mutual funds with different investment ...