US UNIT TRUST. There are many types. General equity funds invest in a range of equities with the aim of outperforming the market as measured by, for example, STANDARD & POOR’S 500 index. Index funds are invested in the leading stocks which...

Mutual funds belong to a group of financial intermediaries known as investment companies, which are in the business of collecting funds from investors and pooling them for the purpose of building a portfolio of securities according to stated...

This article deals with U.S. mutual funds. For other forms of mutual investment, see Collective investment schemes. A mutual fund is a professionally-managed form of collective investments that pools money from many investors and invests it in stocks,...

MUTUAL FUNDS BEST 12-MONTH PERFORMANCE Funds listed in this section are open-end mutual funds. They have been selected on the basis of their previous 12-month performance. Mutual funds should be judged on their long-term, and consistent performance. The listing here is mainly intended to...

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Are the days of the traditional mutual fund numbered?Mutual funds have been a strong force in the investment world, with their assets mushrooming from $135 billion at the end of 1980 to $10 trillion at year-end 2006.But investors have been stuffing a noticeably greater amount...

The mutual fund industry may not be a kid any longer, but it's still growing like a teenager.At the same time, it faces hot competitive challenges. Exchange traded funds, hedge funds and separately managed accounts all aim to take market share from open-end mutual funds.Still,...