The possibility that a security or mutual fund will decline in value because of an increase in interest rates. The amount charged for borrowing money. All federal tax laws that define tax liabilities for taxpayers. The federal agency responsible for administering and enforcing the internal revenue laws. A mutual fund that invests in securities traded in markets outside of the United States.
Foreign markets present additional risks, including currency fluctuation and political instability.
In the past, these risks have made prices of foreign stocks more volatile than those of U.S. stocks. Also called a portfolio manager. A national industry group of investment companies, including mutual funds, founded in 1940. A bond whose credit quality is considered to be among the highest by independent bond-rating agencies. The financial goal pursued by an investor or a mutual fund.