A hedge fund is an investment vehicle in which investors pool their money and purchase certain investments. Hedge funds aim to bring investors greater returns than they get in the stock market, or even with other types of funds. The name came from the fact that investments were often chosen…
Mutual fund fees: what you need to know before investing
A mutual fund is a pooled collection of investment funds. When a person buys shares in a mutual fund, money is combined with other investors’ capital. A professional manager purchases stocks, bonds or other securities on behalf of you and these investors. Because managers must be paid, and fund companies must cover their expenses...