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Tip of the Day Be Cautious of Home Equity Loans

Be Cautious of Home Equity Loans - You have worked hard to buy your home and keep the payments up, but sometimes we get in over our heads or due...

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Family of Funds

Family of Funds - A family of funds is a mutual fund offering by a specific company that features many mutual funds, involving various objectives. Normally, investors can move their assets between different funds within a specific family unit. Moving these funds has no cost or nominal costs and they can receive a single statement describing what their holdings are within a specific family of funds. These are also called mutual fund family or fund family. Family funds provide the investor with one-stop shopping for their investment activities, plus the opportunity to make money transfers, fund exchanges within the family easily, and most have a good selection of funds to choose from to assist with a diversified portfolio.

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Definition of the Day Investment Fund

Investment fund - It is a firm, which invests the pooled funds of a retail investors for a fee. By aggregate the funds together of a large number of these small investors into a specific investment. An investment company gives individual investors access to a wider range of securities than...

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