Mutual funds have become more and more popular as a way for investors to save for retirement and other long-term financial goals. This popularity is partially due to the fact that mutual funds are available to a wide range of investors at a variety of economic levels. Many mutual funds have account opening minimum requirements that are small enough to provide the opportunity for many people to purchase mutual funds. The systematic investment plans that allow regular contributions have opened mutual fund investing up to an even larger segment of the investing public.
This program will cover the basic elements of mutual fund investing for individuals wanting to include mutual funds in their financial plan. The topics that will be covered include: how mutual funds are organized and how they function; the three types of mutual funds; how mutual funds are priced; how mutual funds are purchased and sold; how they earn money for the investor; how they are regulated.
IMPORTANT: This course, previously titled "Mutual Fund Basics" has been republished. Please be aware that the content is the same, with only minor updates. If you have already received credit for this course, you cannot receive credit again.
After completing this course, participants should be able to:
Basic knowledge of finance principles and practices
Richard A. WhiteRichard A. White, CMA, CFM, CPA, CIA, CFP, CFE, is president of Richard Allan White & Associates, Inc., in Oviedo, Fla., and a member of IMA’s Mid-Florida Chapter. You can contact Richard at (407) 366-6183 or rich@richardawhite.com.
Course Code : 99FINCA07A1