What is Mutual Fund?
admin @ March 16, 2008 # No Comment Yet
Mutual Fund (a.k.a. Unit Trust Scheme) is an investment vehicle for people without the Time or/and Resources to invest in the stock/ share market indirectly by paying a fees (some without fees) to a professional fund manager in return for a profit.
Mutual Fund usually involves three parties, i.e. a Unit-Holder (Investor), a Fund Manager and [...]