ABCs of Mutual Funds

Advantages of buying units of a mutual fund

There are several advantages of using a mutual fund.

Downsides of investing in a mutual fund

While there are several benefits to investing in a mutual fund, they also have their downsides.

How to pick an asset manager

Returns on most classes of mutual funds, are usually about the same. This is because, they essentially have to pick from the same group of assets. The biggest factor to consider when picking what firm to use, is customer care. Customer care is very key in investing. Before you open an account, go online and check reviews. Call or email their customer care representatives, and gauge their response.

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MoneyAfrica

MoneyAfrica

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We look at the financial angle. From Personal finance to finacial literacy, strategy and wealth creation. instagram.com/moneyafrica