Your mutual fund units are redeemable in virtually any amount. Because of the size of these pools of money, liquidity is not a concern for any single investor. So whether an investor is trying to switch funds around or to redeem funds, accessibility is a key benefit. These managers have specialized training, better access to information, resources and supporting facilities, as well as the full-time responsibility to devote the necessary time to investing money properly. We feel this is a key benefit.
Most mutual funds value their holdings at the end of each business day.
The objective is the purpose of the fund. For example, some funds are designed to pay out periodic income while others are designed to provide growth over time. Some mutual funds invest in specific industrial sectors or particular geographic areas while others invest quite broadly. Professional money managers invest the fund s money in a variety of holdings aimed at meeting the specific objective. These holdings form the portfolio.