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How to Invest in Mutual Funds


How to Invest in Mutual Funds
By Iain Butler: Chief Investment Advisor, Motley Fool Canada Fool
Are you looking for a good way to invest long-term without the hassle of having to buy and trade single stocks or bonds? If so, mutual funds may be a good option for you.
What Are Mutual Funds? 
A mutual fund packages a collection of assets, like stocks, into a single asset owned by a group of investors.
So instead of one person buying individual stocks and bonds, a group of investors pool their money and invest in a diverse portfolio of stocks and bonds. The price of a mutual fund is the total value of the assets in the fund divided by the number of the fund’s outstanding shares. It fluctuates each day based on the value of those assets at the end of each day. This is also called it’s “Net Asset Value” (NAV). ....

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