Author is not a registered mutual fund adviser and does
not give mutual fund or stock investment advice.
According to the Financial Post's Jonathan Chevreau, BMO's entry would lend a kind of credibility to robo - advisors that the
banks gave mutual funds a few years back.
Gail Bebee a well known Canadian speaker and author of No Hype — The Straight Goods on Investing Your Money — will
give Mutual Fund News — an exclusive excerpt and chapter.
Management Company — Any firm that specializes in the general administration of
a given mutual fund.
Level Load - The term level load is one that applies to the annual fee, which is calculated and then deducted from
a given mutual fund's assets that belong to any specific investors.
An indication of trading activity, it is the percentage of all equity securities owned by
a given mutual fund which were sold in the last year.
It can be a challenge to establish the actual performance of
a given mutual fund's performance.
If you believe in active investing but shunned mutual funds in the past because of high fees, the new selection of low - cost options may be enough to make
you give mutual funds another look.
«This is discouraging because we know also know that investors tend to hold
a given mutual fund, on average, for just a handful of years,» Finnegan explains.
* Past performances of
any given mutual fund do not guarantee its future performances or returns.
I gave mutual fund shares directly to my favorite charities.