Click here for details on suggesting a site. As the finance industry has developed over the past several decades, retail brokerage has typically given way to money management. Likewise, many investors have turned from buying individual stocks altogether and now put both their retirement and non-qualified plans into mutual funds.
Mutual funds are collections of securities that are selected and managed by a fund manager.
Such funds are further divided into various categories, including growth funds, income funds, bond funds, index funds, etc. The links included herein provide information about open and close-end mutual funds. Read the online supplement to Kiplinger's Personal Finance magazine and get information on mutual funds and financial calculators. Mutual Fund Education Alliance Explore this resource of information on mutual funds and the investment industry designed for people who handle their own investments.