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Tip of the Day Insure Yourself Against Financial Ruin

Insure Yourself Against Financial Ruin - One of the things most often left until last on the must have list is health insurance, which is exactly the wrong thing to...

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Clone Fund

Clone Fund - The clone fund is an investment strategy involving the duplication of the structure and performance of a similar index or fund. This replication activity accomplished with the application of derivatives to the clone fund. Once considered a very popular method to piggybacking on the success of a better, established mutual fund, the strategy has become less common in recent years. Many shareholders see some degree of associated benefit with a clone fund. Often, clone funds secured at a reduced price serve the shareholder investments in clone funds at a lower risk. Investing in clone funds carries a lower risk degree.

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Definition of the Day Phone Switching

Phone Switching This give investors the ability to transfer currency between various mutual funds, as long as those funds are part of the same family, on the telephone. This is much easier than heading down to the manger's office in order to get these results, as it can be done...

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