what are the kinds of Mutual funds?
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There are four broad types of mutual funds: Equity (stocks), fixed-income (bonds), money market funds (short-term debt), or both stocks and bonds (balanced or hybrid funds).
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Answer:
common types of mutual funds
- Money market funds. These funds invest in short-term fixed income securities such as government bonds, treasury bills, bankers' acceptances, commercial paper and certificates of deposit. ...
- Fixed income funds. ...
- Equity funds. ...
- Balanced funds. ...
- Index funds. ...
- Specialty funds. ...
- Fund-of-funds. ...
- Diversify by investment style.
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