To establish a diversified portfolio, click here . The next step would be to research thousands of mutual funds to determine which ones satisfy the requirements of your portfolio. Scott has many resources available to assist you in the analysis process. Inc. Morningstar provides research on approximately 11,000 funds. To familiarize yourself with terms used by Morningstar to analyze mutual funds, click here .
Mutual funds are either load or no-load funds.
True no load funds do not charge a commission for purchases or sales. Loaded funds do charge a commission. Most funds, but not all, will offer a choice between A, B, or C class shares. For more information on the differences between the classes of shares, click here . Always read the prospectus carefully before you purchase any mutual fund.