Series 6: 5.1.2. Types Of Mutual Funds

Taken from our Series 6 Top-off Online Guide

5.1.2. Types of Mutual Funds

Mutual funds are designed for many different purposes to meet the needs of different types of investors. Mutual funds are categorized as equity (stock) funds, fixed-income (bond) funds, and money market funds. The following discussion will touch on each category. Since each type of mutual fund is different, the ultimate source of information for an investor is the prospectus for the particular offering.

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