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Essay

Financial Management

Essay specific features

 

Issue:

Business

 

Written by:

Holly S

 

Date added:

July 7, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1104

 

Was viewed:

3704 times

 

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Essay content:

The basic types of funds are described below. The first types of mutual fund I will discuss are “Money Market Funds.” Money market funds seek safety of the principal by investing in high quality, short-term securities. This type of fund is designed so that the investor's principal should not decrease in value...
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However, there is no guarantee that this will always be the case. A money market fund seeks to provide a regular distribution of income which is determined by short-term interest rates. The second types of mutual funds are “Bond Funds.” Bond funds carry more risk than money market funds and are often used to produce income (retirement) or to help stabilize a portfolio (diversification)...
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