A mutual fund is an investment scheme that collectively invests pools of monies gathered from individual investors into different asset classes. Check out its advantages.
Diversification
Mutual funds allow you to gain exposure to assets and markets that may not be easily available to an individual investor. Additionally, they cater to a diversity of investing styles, be it growth, momentum, quality, dividend, etc.
Choice
There are several types of mutual funds and investors have ample opportunity to choose funds that best meet their investment objectives and risk appetites.
Affordability
Many mutual funds can be purchased with small initial and subsequent outlays. Investors only need to set aside small amounts and yet still be able to construct an efficient and diversified portfolio.
Expertise
Tap into the power of expert and collective wisdom of a team of professionals. This eliminates the need for individuals to perform detailed and ongoing analysis on the underlying investments.
