The Investor's Guide to Mutual Funds

The book explains the nature of mutual funds and the methods of selecting appropriate funds to fit the risk preferences of individual investors. It also includes how to limit fund risk in declining markets. Mutual fund topics include: (1) the nature of funds, (2) major types of investment companies and related investments, (3) types of fund objectives, (4) fund management, (5) fund plans, (6) fund share purchase and redemption, (7) potential advantages, (8) potential disadvantages, (9) investment performance, (10) fund selection, and (11) investor management of fund holdings and redemptions.The reader is taken through the maze of mutual funds and the book explains how to unravel the maze with straightforward criteria using a tailor-made common sense approach and readily available data. No complete panacea for the uncertainties of investing is offered, but the book attempts to shorten the odds for investors willing to take relatively long-term views of investment performance using mutual funds. This approach may also be able to improve investor long-term performance