| One
of the most popular investment vehicles today are is a mutual
fund. A mutual fund allows a small investor to diversify
their investment and have their investment professionally
managed and thereby reduce risk.
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There
are always management fees associated with a mutual
fund and they will often be quoted as a percentage
to enable you to compare the costs of the fund.
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Types
of Mutual Funds
Every
mutual fund will state it's investment goals. Some
of the different goals for a mutual fund include matching
the broad market risk and return (index fund), high income,
long term grow, specific sectors, etc.
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