Mutual Funds

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Title: Mutual Funds

Essay Details:

Subject: Business

Author: Marjorie W

Date: November 19, 2013

Level: University

Grade: A

Length: 4 / 1128

Essay text:

Unfortunately, funds don't always make money. For example, the fund manager could have made some investments that didn't work out, sold some investments for less than the original purchase price, and there may be some capital losses. Most mutual funds invest in stocks, and these are called "equity funds." Some funds specialize in investing in large-cap stocks, others in small-cap stocks, and mid-cap stocks. Large-cap stocks have market caps of billions of dollars, and are the best-known companies in the U.S. Small-cap stocks are worth several hundred million dollars, and are newer, up-and-coming firms...

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