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No Load Mutual Funds

The website says that the advantage of mutual funds is the following:

  • professional management
  • diversification
  • affordability
  • liquidity

but the disadvantages are:

  • costs despite negative returns
  • lack of control
  • price uncertainty

The different types of funds are:

  • money market funds
  • bond funds
  • credit risk
  • interest rate risk
  • prepayment risk
  • stock funds

Website: No Load Mutual Funds

 

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