Mutual funds generally sell their shares on a continuous basis, although some funds will stop selling when, for example, they become too large.
Mutual funds come in many varieties.
For example, there are index funds , stock funds , bond funds , money market funds , and more. Each of these may have a different investment objective and strategy and a different investment portfolio. Different mutual funds may also be subject to different risks, volatility, and fees and expenses . All funds charge management fees for operating the fund. Some funds may also impose sales charge or loads when you purchase or sell fund shares.