November 2013
Beginner
368 pages
10h 31m
English
book
The Handbook of Professionally Managed Assets: A Definitive Guide to Profiting from Pooled Investments
by Keith R. Fevurly
Content preview from The Handbook of Professionally Managed Assets: A Definitive Guide to Profiting from Pooled Investments
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The Growth of Mutual Funds
When the term mutual fund is used in the investment marketplace, most people think of open-end funds (funds that offer an unlimited number of shares and redemption privileges at any time). In addition to open-end investment company funds, however, there are three other primary types of pooled funds in the United States: closed-end investment company funds (CEFs), unit investment trusts (UITs), and exchange-traded funds (ETFs), which are the subjects of Chapters 6 through 8, respectively. The present chapter reviews the tremendous growth of mutual funds, including recent trends in mutual fund investing. Then it discusses ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.