DO ETFs Signal The Demise Of The Mutual Fund

The first American mutual fund started in 1928, now there are 9,599 active mutual funds holding $21 Trillion Opened to investors in 1928 and widely regarded as the first modern mutual fund, the Massachusetts Investors’ Trust is the progenitor of the well-known MFS Investment Management mutual fund firm. Later that same year, the Wellington Fund [...]

By |2020-04-13T20:23:13+00:00January 7th, 2020|Investing|

Closed-End Mutual Funds: Understand How They Work

Closed-end mutual funds Have existed longer than open-end mutual funds, but are still much less common than open-end funds. Closed-end funds share certain similarities with open-end funds but have some distinct differences, as well. Like open-end funds, closed-end funds are "managed" funds which allow investors to pool their money together to purchase a professionally managed [...]

By |2020-04-13T19:40:57+00:00January 16th, 2019|Investing|