Not exact matches
Whether the fund's mandate is
broad or narrow, bond funds invest in many different securities — often buying and selling according to market conditions and rarely holding bonds until maturity — so it's an easier way to achieve
diversification even with a small investment.
They fail to appreciate that
even 30 or 40 individual companies provides less
diversification than
even one
broad - market index fund.
Domestic stock funds offer all of the standard benefits that come with any type of mutual fund, such as
broad diversification, professional management and liquidity that is packaged into a convenient vehicle that makes it accessible to
even the smallest investors.