Highly regulated and competitive, mutual funds are popular because they offer many convenient services and are easy to buy and sell. They also provide an investor with broader diversification than one otherwise can afford. Moreover, because many investors share the expense of a fund's professional management, costs are reduced. That dizzying array of funds offers pitfalls as well as opportunities. Our only purpose is to help you see through the promotional, technical, and statistical fog obscuring the best mutual fund decision for you.
Mutual funds present initial considerations and require periodic review.