Management organizations (funds) are further divided into open-end funds (mutual funds) and closed-end funds, an expense ratio includes management, administrative, marketing, and distribution fees. To begin with, in fact, investing in mutual funds contains the same risk as investing in the markets, the only difference being that due to professional management of funds, the controllable risks are reduced to a great extent.
You believe that mutual funds remain a critical tool to make professional investment management affordable for a broad range of investors, the investment team believes that high-quality organizations can generate superior returns over the long term. In this case, money market funds are mutual funds that investors typically use for relatively low-risk holdings in a portfolio.
Mutual funds (also known as open-end funds) are investment organizations that sell shares on a continuous basis.
Want to check how your Compliance Management Processes are performing? You don’t know what you don’t know. Find out with our Compliance Management Self Assessment Toolkit: