Questions from Personal Finance

Q: What is an open-end mutual fund? What types of

What is an open-end mutual fund? What types of companies usually manage open-end funds? Describe how these funds work on a day-to-day basis.

Q: What is a closed-end fund? Describe how closed-

What is a closed-end fund? Describe how closed-end funds function.

Q: What is the difference between no-load and load mutual funds

What is the difference between no-load and load mutual funds? How do loads affect a fund’s return? Why do some investors purchase load funds? How does an investor purchase a no-load fund?

Q: What kinds of expenses do mutual funds incur? How are expense

What kinds of expenses do mutual funds incur? How are expense ratios calculated? Why should investors pay attention to expense ratios?

Q: Describe the three components of the expense ratio. How can a

Describe the three components of the expense ratio. How can a no-load fund compensate brokers?

Q: List and briefly describe the different types of stock mutual funds.

List and briefly describe the different types of stock mutual funds.

Q: Why do investors invest in index funds? Discuss the popularity of

Why do investors invest in index funds? Discuss the popularity of index fund investment as it relates to expenses. What tax advantage do index funds offer relative to other types of mutual funds?

Q: List and briefly describe the types of bond mutual funds.

List and briefly describe the types of bond mutual funds.

Q: Why are some U.S. investors attracted to international and

Why are some U.S. investors attracted to international and global bond funds? What risk is associated with these funds that investors are not subject to when investing strictly in U.S. bond funds? Dis...

Q: As a result of watching a financial news network on cable,

As a result of watching a financial news network on cable, reading articles in some business magazines, and listening to a coworker tell how her portfolio doubled in value in six months, Brad is now c...