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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Open-ended Fund

Open-ended Fund – an open-end fund is a mutual fund with no restrictions on the amount of shares the company will issue... The company will continue to make shares available no matter how many investors there are already.  The majority of all metal funds are open-end funds…  They also buy back shares if the investor wishes to sell them back  Open-end funds are a very useful tool for investors, by allowing investors  to buy and sell back shares.  An open-end fund may close down if the manager deems the securities to be too high and exceeds the company’s objective

 

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Definition of the Day Appraisal Ratio

Appraisal ratio - An appraisal ratio is a ratio used to study a mutual funds managers performance with the mutual funds investments that he chooses. They higher the ratio, the better the performance of the manager. The job of the mutual funds manager is to pick the investments that will...

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