Have you ever wondered how the price of a mutual fund is determined? What makes the digits tick? Why must there be four decimal points in the price? In this article, we shall find the answers. The published price is actually the net asset value (NAV) of the fund. What is NAV? Quoting Investopedia: “Net …
Have you bought mutual funds before? Did you pay any fee or charge? I believe you noticed the sales charge. Some of you might say you did not even pay for this as your fund waives it. So, is sales charge the only fee? Or, if it is waived, are you really buying it for …
Generally, funds can be divided into two types: closed-end and open-end. What do these terms mean and how do they affect investors? According to Investopedia, “An open-end fund is a type of mutual fund that does not have restrictions on the amount of shares the fund can issue. The majority of mutual funds are open-end, providing investors with a …
Let’s say if I want to invest in the financial market but I feel that I lack the time and confidence to do it directly. Does that mean that I could not participate in the market at all? No, I still can. That’s the reason for the birth of mutual funds. What exactly is a …
If you have been reading my posts about mutual fund, you must have known about Fundsupermart Malaysia. You also know that I highly recommend it. What is so great about this platform? If you have not read any of my articles regarding mutual fund, I shall let you know what is Fundsupermart now. It is …
