Loose Leaf for Personal Finance
Loose Leaf for Personal Finance
12th Edition
ISBN: 9781259720680
Author: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Publisher: McGraw-Hill Education
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Chapter 16, Problem 16.3PQ2
Summary Introduction

To determine:

Difference between managed fund and index fund and the one that one should buy.

Introduction: Mutual fund is a security which is issued by pooling money from investors with the sole motive of investing in different kind of securities. Mutual funds give chance to small investors to invest in security with professional expertise.

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What are Money Markets?; Author: The CISI;https://www.youtube.com/watch?v=ipOYM0sfW7M;License: Standard Youtube License