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Tuesday, February 5, 2008

Types of Mutual Funds

Thousands of funds are available to investors today, each with its own characteristics. In order to find one that’s right for you, you’ll need to understand the following terms:
Open-end funds - Unlimited shares are sold to investors. These are bought and sold directly through the fund, not in the market.
Closed-end funds - A limited number of shares is available to the public. Once these shares are sold, the fund is listed on an exchange and new investors must purchase them in the market.
Fund Categories
Funds are grouped together based on factors such as risk tolerance and strategies. After reviewing your personal circumstances, choose a fund with an objective that adheres to your risk tolerance, timeframe and goals.
There are three types of categories:
Low Risk
Medium Risk
High Risk
If you are interested in financial planning, call us +92 321 2797881 without any hesitation.
Independent Financial Advisors
Ph: 021 7095238, 8695075-6, 8358269
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