What is a Mutual Fund?
Upcoming SlideShare
Loading in...5
×
 

What is a Mutual Fund?

on

  • 623 views

 

Statistics

Views

Total Views
623
Views on SlideShare
623
Embed Views
0

Actions

Likes
0
Downloads
52
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

What is a Mutual Fund? What is a Mutual Fund? Presentation Transcript

  • What is a Mutual Fund?
    • Brings groups of investors together
    • Actually buying shares of the fund
    • Number of shares depend upon investors
    • Net Asset Value (NAV) issues
    Data Source: Morningstar Investing Classroom
  • Mutual Fund Benefits
    • Easy to buy and sell
      • Financial Advisors
      • Directly through fund family
      • Fund Supermarkets (e.g. 401k)
    • Regulated and Professionally managed
    Data Source: Morningstar Investing Classroom
  • Quick Quiz
    • Investing in a stock mutual fund does NOT offer you
      • Indirect ownership of a group of companies
      • Regulation by the SEC
      • An insured investment
    • Answer is “C”
    Data Source: Morningstar Investing Classroom
  • Quick Quiz
    • A fund’s price per share is called its:
      • Stock price
      • Net Asset Value (NAV)
      • Initial Investment
    • Answer is “B”
    Data Source: Morningstar Investing Classroom
  • Quick Quiz
    • Who owns Fidelity Magellan Fund?
      • Fidelity
      • Fidelity Magellan’s Board of Directors
      • Fidelity Magellan’s shareholders
    • Answer is “C”
    Data Source: Morningstar Investing Classroom
  • Quick Quiz
    • Which of the following statements is false?
      • When you own a fund, you own all the securities in that fund; when you sell the fund, the fund transfers ownership of those securities to you
      • When you own a fund, you pay a manager to choose securities for you
      • You can sell a closed fund, but you cannot buy one
    • Answer is “A”
    Data Source: Morningstar Investing Classroom
  • Quick Quiz
    • All mutual funds registered through the Investment Act of 1940 increase the number of shares by IPO’s, secondary offerings, and share repurchases.
      • True
      • False
    • Answer is “B”
    Data Source: Morningstar Investing Classroom
  • Coming Next:
    • Mutual fund fees and taxes
    • Down the road:
      • Mutual funds vs. I-shares
      • Best mutual funds of 2002
      • … and much, much more!
    Data Source: Morningstar Investing Classroom